This is the critical bit re development:
"Development Finance
The Company is currently completing the full FY16 production budget.
Mr De Lacey, Mr Cai and Mr Tsoi attended the ITRI conference in Shanghai in May and are progressing discussions with a number of potential investors and institutions regarding funding opportunities for the tin project and also for, and in conjunction with, growth and expansion opportunities."
I will bet "London to a brick on", to use the famous turn of phrase used by Ken Howard our greatest race-caller (may he rest in peace), that finance at the most favourable terms will be available from a Chinese entity.
All IMOO and pls DYOR!
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- Ann: Consolidated Tin Mines Monthly Update June 2015
Ann: Consolidated Tin Mines Monthly Update June 2015, page-3
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