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"Ergo, we'll have more debt, less (or no) equity" Big call there...

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    "Ergo, we'll have more debt, less (or no) equity"

    Big call there pav. Not knocking it either, i applaud it. But it is actually also quite probable isnt it??

    so its likely we can get debt funding at a higher than normal debt ratio? Considering syr's 100% equity raise today I think it would be a fn rip the house down statement to insto's if we had a finance announcement along the lines of "more debt, less (or no) equity"

    So, imo first things first, TK binding offtake where are you? This is dragging a bit longer than we all thought.

    At least we should get an update on the merelani JV this week.
 
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