sorry I dont trust what management say because i feel they are just at the mercy of whatever tembo tells them to do.
re "i make a lot of assumptions" - my only assumption is my view that i feel nzc will fund stage 1 via 30% equity raise (again my personal view and based on my experience) and then the rest will be debt and prepaid offtakes.
since you seem to know it all @africadale how do you anticipate stage 1 being funded?
NZC Price at posting:
30.5¢ Sentiment: Hold Disclosure: Held