Hi Rob thanks for confirming you still don’t get it…The project is currently 90% funded with a higher dilutive pathway…The project will be completed this year with product to be dispatched from Port MtWara
All manufactured equipment on the water or delivered…
3% 0f $1 is 3 cents not 30 cents…
Currently the company are in final approval stage for the completion of a debt focus of funding…Rapid construction begins in May…
Good luck with Apanko oxide materials that has many variables of the ore…SYR mined weathered oxide and still can not make a profit…To many variables of the ore…Still don’t have a mining license…They ran a 200 ton bulk sample of weathered oxide material and produced less than 20 tons of product and declared they were experts in the industry…Good luck with that…US$135 million Capex so plenty of exciting cash raises coming…Tick tock
Lindi requires no chemicals in fresh or oxide material….The purification process reaches 90% purity in a single grind…They used industry experts for plant design…Free cash margins of US$1200 per ton product
Regards Croc
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Ann: US$20m debt facility to complete the Lindi Jumbo Project, page-428
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