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Open original source ↗It's very frustrating since... what if the $600m August ATM finishes, then they file another $600M ATM in October?
I'm happy to support financing for their buildout, but there's 0 clarity to the end of the ATM loop or how much funding they actually need.
If they just said "we need $3.5B", mixes LTAs, private placements, ATMs to get this done, there wouldn't be as much confusion.
I'm super excited operationally, but how they do financing is very concerning.