Not has encontered MASSIVE dilution in the past 8 years. It has limited access to Capital markets and This will stay as such for a number of years. Franco Nevada's termes and condition actually show the vulnerable financial situation of NOT as does the quarterly interest payments and immense dilution towards RCF. Out of the box thinking should trickering the tteaming-up with other partners in the field. This what already is visible in the marketplace, if you cannot do it alone, join them.
https://www.youtube.com/watch?v=K3ukknftZ3g. Marketconditions in this ongoing downtrend are to Sévere to go for it alone, a few strong active partners are necessary to get the job done. RCF and Baosteel thrive too much for their OWN derisking in the process to production. Change of mindset for Coutts. It has not worked the right way in the last years, so time to change strategy. With the chromite in the pocket it is indeed a new game.