Hi Doubledeckerdog,
I don’t disagree with you that funding a graphite mine remain difficult.
However, market conditions, sentiment, appetite and etc. changes with the market.
I agree with you also that if one thinks it can be done 100% via debt is nonsense.
I still think the NLN, ramping colourful presentations still remains nonsense..
However, personally for me I based it on what the appetite of the bank is.. the general overview of the market conditions, the level of risk/dilution the BSC is willing to face, and etc.
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