RE:RE:RE:THE ONLY 3 VARIABLES THAT MATTER....Overall I think we are on the same page. Where we differ is our opinions on how easy it will be for Trevali to get that money. I disagree that Glencore will essentially just continue providing funding - I think they're just as happy to let Trevali die off and pick up the scraps, if they can't get RP2.0 on budget.
All that said - spot price is at $1.85 currently, which is just bonkers. Hopefully it stays here for a while, because the longer it's here, the more cash they build up from operations, and the less cushion they'll need in the future.