They won't need to raise anywhere near that amount on market.
The bulk of it will be negotiated in the long term off-takes.
I hope we can reach close to the values put out by Argonaut this time last year, which were 40c risked (pre-mining approvals), and 89c de-risked (with mining approvals).
The Sell side has thinned out, and the options are still being bought up.
Whilst we wait..., page-2944
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