Hello VYR,
I am pleased you are able to provide some first hand information, thank you.
Can you expand on your funding view? Do you suggest, although no party is willing to fully debt fund us, there is a partial funding option from a JV or other partner?
The suggestion of more drilling to sure up extended mine life in order to secure debt funding, demonstrates a very cautious lender(s). Given the rapid pay back, I wonder what the perceived risk is?
All the best to all,
Moyston.
Ann: Noosa Mining Conference Presentation, page-17
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