If we can believe them...From conference call, regarding ATM:
"we don't have any immediate plans to use it, but we view it as a prudent facility to have in place while we head into Florence construction later this year...looking at other financing options, including royalties and a project level loan..."
"Florence CAPEX remaining = $230M"
$156M current liquidity
$50M Mitsui copper stream agreement
$50M Mitsui equity option (for 10% of Florence)
Not in love with all of it, but Florence does seem to be the golden lining on those greyish clouds that have hung around TKO for a decade or more.