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Ann: Funding for Orokolo Bay Project and $7.3 million Placement, page-2

  1. 7,451 Posts.
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    Sweet deal for MRL

    Indonesian co PT SEA to pay all construction costs $20 million approximately for 51% stake in the project

    project has a NPV $131 million

    If project goes to plan if I have read the DFS properly
    we basically we get approximately $65 million clip on that project through the life of the mine not a bad free carry !!$$

    and they want to be a MRL Shareholder taking a 9.9% stake at .22 cents as they can see the incredible value here with the cement and lime project
 
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