RE:Off-Take Financing...First Glance...Crunching Numbers..Digger, Mark is hoping for half or more of the equity for this project from govt contributions. He's going to take advantage of certain provincial and federal incentives. How much we receive in the end is anyone's guess. Some of it will also come from other offtakers. And yes, whether we like it or not, there will be some dilution further down to complete the project. Mark might not be admitting this, but the hope is we raise capital at a higher valuation just like any CEO would want.
There's no way around it. Look at the other juniors. Giga, forget about it. Not getting built. Mitsubishi will be writing that one off. Talon lol. They're almost at a billion outstanding shares. And FPX as recent as today announced their own strategic with an addition of 30 million shares to their already 270 million.
If we don't survive with the infrastructure already in place and almost half way into permitting, then forget about the other juniors. Not going to happen. GLTA