While the ROM ore project is a unique opportunity to potentially provide early cashflow from operations, Pilbara’s Stage 1 - 2 Mtpa processing project is not dependent on the progress of these ROM ore sales, nor is the project financing for the 2Mtpa project.
Above a very positive statement from the report!
Banks just love cash flow being available to service loans. The ROM ore sales could well facilitate Bank financing for the 2Mtpa project!
Great for shareholders if that's the case.
Ann: Bulk Sampling Program Results and Project Update, page-30
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