Why is this project better than our neighbours?, page-14

Hi Drum..

Regards Ian’s linkedin profile, I don’t know what went wrong at some of those companies (long after he departed?) but I think @LewisB ‘s reminder that what is important here is to focus on the way TMT is going - on the development of this company is correct.

.. “instead of focusing on projects 15-20 years ago in Africa and Asia you could look at bringing RCF, LE Systems, Tata Steel etc. into the fold, getting contractors working on how our site will look, potential 150m loan from the danish export fund etc.”​

The first point there - bringing RCF on board to invest $13.5m in September 2021 as a cornerstone investor is the one I feel is most relevant as ALL development decisions made under the auspices of that entity since.
RCF even placed Jacqueline Murray onto the board here to help things along.

Here’s a photo of the the notice when she resigned in February 2023 listing developments:

So I guess in regards my earlier post’s question - what will be the next step here ? I think RCF will likely be leading from behind in whatever it is.

And as you wrote in the near term the next step is that EPA ‘ticket to go’

cheers


PS I disagree with your statement ‘banks only lend to producers in the ASX 200 and above.’
For instance I think Pilbara Minerals obtained a loan from BNP Paribas in around July 2020 when the price was in the 30c range ( https://cib.bnpparibas/how-australian-lithium-is-helping-electric-vehicles-accelerate-globally/)
It was nowhere near to the ASX 200 back in those days.