Just waiting on financiers to review the DFS now.... it is a 145 page document that was only released Wednesday
From the DFS "Project finance discussions with numerous parties are well advanced, with term sheets subject toDFS approval presented."
So likely mgmt are decided on the financial decision and just need the seven financiers to formalise their post DFS approval.
Long lead process equipment order is 11m, less 2.5m prepayment deposit already made... so not material and yes deferred drawdown likely of little benefit.
LRV Price at posting:
75.0¢ Sentiment: Hold Disclosure: Held
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