if it takes 12mths on average to build the mine, we should multiply that timetable by 2 to account for the fact that everything is slower here in South Australia. On the bright side, we are pretty much covid free unlike the Vics.
jokes aside. I don’t see who would lend them $500+ mil? Banks won’t touch it because it’s too risky, can go the bond market because Rex probably has lowest possible credit rating. It has to be either CR, JV or a take over imo.
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