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Throws Mexico, India factory plans into limbo....
https://finance.yahoo.com/news/teslas-shift-low-cost-cars-010315662.html
Yep agreed, I posted Amapa or bust a few years back. And to think some of the brigade on here, I'm sure you can remember were posting about the expected dividends from Hastings, Sonora and EMH lol.
Smoke and mirrors...we couldn't get funding for the DFS.
The 67% is not a refurb of a known process...
You don't let 'potential' investors run the show.... 'potential' investors may not even end up investing....you do what's best for the project making it attractive for investors.
But we'll see.
Forget taking part in the placing...you'll be able to buy cheaper than it...at this rate.
I wonder how many PI's who took the placing at 20.5p would have entertained this one had it been offered to them?
@jimb2, "So if the DFS costs have or will be swallowed up into the project cost then who has agreed to this?"
KM: "So what we've done and with discussions with these and er any potential equity and debt financers is discussing the requirement for a DFS, so at the moment what were the view is um is that the DFS or will get rolled into the implementation phase."
So we don't currently have any firm equity or debt financers but.... potential equity and debt financers are of the consensus that the DFS can get rolled into the implementation phase.
If a PFS is accurate to around 20% - 30% and a DFS is accurate to around 10% - 20%...what potential equity and debt financer is going to fund the project pre DFS with a potential 70M hidden cost?
The plan up to December last year was to complete the DFS (subject to financing) this year in line with granting of the licenses.
The goal posts were moved and the DFS kicked down the road because we couldn't fund it.
https://youtu.be/CjScNlQ51kA?list=FL_H_anZsVqu67H60kmT4EeA&t=380