Lol, again, if this is a world class resource and there is a demand (which is what Boas in part tell us) and this results in a solid EBIT, then lenders and equity will naturally do their DD and want in as they will make monies. They dont care about James, Skardon river etc.
The tradiotional forms of bank lending in projects have all but finished and been teplaced by thousands of private debt and equity firms, espwcially since the GFC. They will make monies whereever they see the numbers stack up. A company claiming an EBITDA OF $130m wil more than get the atention of these investors. It makes even more sense for someone like Traxys to get involvef.
Ann: Ceramic Tile Conference Presentation, page-134
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