I would like to think that an offtaker loan or two (like the Ford deal with LTR) may provide the vast majority of the capex funding to buy out Renard and repurpose it. I would not be surprised if part of CE's South Korea and Japan trip delivers some form of heads of agreement with one or more party along those lines.
If it happens, I'm sure there would be lots of caveats like resolving the road conundrum to their satisfaction, MRE of sufficient size, completion of DFS asap etc etc. But imagine the further rocket such a deal/option would put under our share price then!? Bugger all dilution to get to production!?
regards
DF
I would like to think that an offtaker loan or two (like the...
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Last
$1.29 |
Change
0.035(2.79%) |
Mkt cap ! $246.1M | |||
| Open | High | Low | Value | Volume |
| $1.26 | $1.29 | $1.23 | $758.9K | 601.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 157 | $1.29 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.30 | 17000 | 2 |
View Market Depth
| Last trade - 16.10pm 08/05/2024 (20 minute delay) ? |
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Last
$1.27 |
Change
0.035 ( 1.52 %) |
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| Open | High | Low | Volume | ||
| $1.25 | $1.29 | $1.23 | 72720 | ||
| Last updated 15.59pm 08/05/2024 ? | |||||
| WR1 (ASX) Chart |