RE: RNS Investor Presentation3 Jul 2023 14:28
Ore processing
450,000t early processing
2m/t ramp up
2.7m/t steady state
First year generate $160m in cash
Use offtake to bridge the funding gap!!
Offtake to Vehicle OEM's, Battery Gigafactories, Traders, Chemical Processors.
Needed to wait for DFS funding details and tonnage (now known!). Offtake will provide a large amount of our funding $50-$60m. Seeking Prepayment. Deal possible this half. No placings considered until we know how much is coming in from the offtake agreements!