Important milestone coming up in the next couple of weeks:
"Having released the Stage 2, 5Mtpa DFS results during the Quarter and commenced commissioning and ramp up of Stage 1 of the Pilgangoora project, the Company is now targeting a final investment decision (FID) by the Board for Stage 2 in the coming weeks following which it will seek to finalise Stage 2 funding during the December 2018 Quarter.
During the Quarter, Pilbara Minerals continued to make progress with a number of funding alternatives for Stage 2, including debt and/or offtake prepayment funding from customers linked to accessing Stage 2 product (as previously foreshadowed and contemplated under existing offtake agreements), as well as sourcing funding from existing senior secured bondholders or alternative bond and debt markets."
Ann: Quarterly Activities Report, page-3
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