Hey Jimmy,
The 1 additional point I did not address was further funding support from The Clean Energy Finance Corporation (CEFC) if Renascor choose to go for the 1.65Mtpa throughput from Day 1.
I briefly discussed this with DC at the Paydirt Conference in Perth. The company is sitting on in-principle support from the CEFC.
I got the impression that DC will await for the DFS (What the Final CAPEX is). This will allow Renascor to proceed with the current in-principle support should we choose to go down the 1.65Mtpa from Day 1 which will mean CAPEX is closer to ~280m, as opposed to $210m for a smaller Stage 1.
Very exciting times for the company indeed !
Ann: Trading Halt, page-139
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