Highlights
• EXIM Due Diligence process successfully concluded for 2022; no “red flags” identified following
approximately 9 months of desktop and field-based diligence work by EXIM’s specialist advisers
• Discrete work streams now defined – cutting across technical, environmental and social – where
further investment is required to meet current bankable standards in certain areas
o These are largely immaterial in cost and complexity relative to the overall project size
o Ironbark understands these gaps could be closed off in a single field season subject to
funding being available, after which its EXIM credit application can be resumed
• EXIM have confirmed that Citronen remains a pending 402 project and the bank is committed to
restarting negotiations as soon as Ironbark elects to do so
• Renewed discussions underway aimed at attracting strategic investment into Citronen
o Opportunity to leverage off continued interest in debt investment from US EXIM Bank
o Newly opened time window allows for further exploration work aimed at improving base
case economics
• Substantial recent progress made with Norway based LNS A/S however it is anticipated that
discussions will continue into the March quarter in 2023 under the existing MOU (in place until May
2023)
cheers.
- Forums
- ASX - By Stock
- IBG
- Ann: Citronen Base Metals Project Update
Ann: Citronen Base Metals Project Update, page-2
-
- There are more pages in this discussion • 41 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add IBG (ASX) to my watchlist
|
|||||
Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $6.770M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
16 | 18458614 | 0.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.4¢ | 17206235 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
16 | 18458614 | 0.003 |
18 | 13455034 | 0.002 |
6 | 10799980 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.004 | 17206235 | 7 |
0.005 | 4300730 | 9 |
0.006 | 4860777 | 2 |
0.007 | 1101257 | 5 |
0.008 | 606448 | 3 |
Last trade - 14.54pm 05/07/2024 (20 minute delay) ? |
Featured News
IBG (ASX) Chart |
Day chart unavailable