Doc, I agree it's unlikely we will see the project funded entirely through equity...
It's just a shame the timing (in terms of IO price) is not being a little kinder to IOH because if the price was between $120-$150 p/t it might have been a little different.
Fingers crossed for at least a moderate rebound in OI price over the next 2-3 months as it will no doubt have a big influence on the deal we can secure.
IOH Price at posting:
88.0¢ Sentiment: Hold Disclosure: Held