Engaging Vermeer to do testing on a Project considered BFS standard and now the 'Claytons' Patent??? Not our problem though Croc with Lindi Fully Funded and entering a development phase where access to CRDB $20M Debt Funding will be triggered.
With $12M CE shown still available in January's Quarterly Cash Flow report, CRDB drawdown will be required soon enough as Plant and Machinery land Onsite and construction enters it's final ramped up construction phase.
CRDB'S $20M release should also assurance on our Signed Offtake Agreements, along with the security of Wogen's Binding agreement. CRDB Drawdown is a huge tick of approval that all things Lindi are tracking just as planned IMO. A large portion of that remaining $12M CE number must be gone. Looking forward to another Lindi derisking moment. As always, DYOR.
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