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Claude Dufresne
Claude Dufresne


As you know, it is always a challenge for a junior mining company to get financing, and the game is too create as much buzz in order to limit the dilution of the company. I am not sure if the $1 billion is just for the smelter alone or it includes the capital for the construction of the mining complex. In any case, at the end of the day, a project will not be moving forward without securing an offtake agreement for the size of the check needed to build the mine/smelter. The bigger the check, the bigger the offtake.