RE: The immediate future20 Aug 2025 15:39
I read the following as the funding and debt could be settled by Glencore, as mentioned in previous rns. So no placing will be required. We will know soon enough once negotiations have completed.
Achieving full optimisation and settling outstanding debt will involve securing additional funding and continuing to apply strong, strategic management.
In this regard, the negotiations outlined in the letter of intent will be important and pivotal. These are expected to commence in the immediate future and we will update accordingly.