I was curious about the CFT premiums and wanted to understand why some companies (WR1) raise at a better premium than others. My interpretation of the answer seemed to lie in the donor's appetite for the project, as the qualifiers were the location (all the same), the mineral (all the same ie Lithium) and the project. Here's a few I've watched:
- SYA March 23, $50 mill at 41% premium
- CY5 Aug 23, $11.1 mill at 67.7% premium
- WR1 Oct 23 $34 mill at 74% premium
- WR1 Feb 23 $19 mill at 79% premium
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I was curious about the CFT premiums and wanted to understand...
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