posted on lse

This was posted by F3rdinand on LSE:

Email with Mick Billing

Hi all, just though that i'd share an e-mail conversation I had with our MD last week, seems like he is still expecting financing to occur....he has recently been travelling in Asia...i'm presuming not for a holiday! lol

Dear Mr ******** thanks for your interest.

Please accept my apologies for the delay in responding to your query, I have been travelling in Asia.

Responses below

Kind regards



1) Due to the relatively low IRR in the Molyhill DFS, are you confident that offtakes and funding are still achievable? I remain very optimistic in this regard. We believe we have plenty of scope to extend the life of the project, and while that should have more effect on the NPV than the IRR, we are seeing some interest in the project.

2) When do you anticipate Spring Hill drilling to commence. Commenced last week and announced Friday

F3