I ask the same as Maxwell16 Aug 2021 07:46
All good, but struggling to understand what Shaun meant when he said -
"One of the great benefits of our relationship with Newcrest is that the funding hurdle is only going to be a fraction of our market cap (currently around £750 million, or US$1.04 billion), so we're only going to need a fraction of that to put this into production."
With a £50m loan over 10 years, why is there a funding hurdle, at all?
Am I missing something?