Hi ThereIn regards to below, where is this “letter”?Updated...

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09/09/22

23:04

Post #: 63623318
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Originally posted by Whisky49: ↑

Hi Bayhunter assay results would be updated on , clients usually follow up with their own assays anyway. Below is some snippets from the quarterly . As I read things the DFC would work hand in hand with our prospective funders for the chemical plant , basically they both need each other to complete the package and allow a FID...
I'm unsure if pending assays are required by funders or just customers but one would imagine the revised cost controls would require some input from the demonstration campaign results, the company itself will be well aware of results but requires independent results...

Lots of moving parts and everyday gets us closer to resolution ...

Cheers Whisky

Updated Letter of Interest and term sheet from U.S. International Development Finance Corp.(DFC) provided with legal due diligence to commence incorporating commercial lender input

L-Max® and LOH-Max® pilot campaign reports have been drafted by Strategic Metallurgy and provided to the project lender’s Independent Engineer, Behre Dolbear Australia Pty Ltd (BDA), for its review. A third report on by-product manufacture is in advanced draft, while the final lithium hydroxide refining report is pending completion of the campaign trial and receipt of assays. Virtual demonstration plant tours have been run for both lenders and equity investors with further tours planned. Various demonstration plant product samples have been prepared and dispatched to customers for assessment. Further samples are scheduled for dispatch to customers once assays have been returned. Assay turnaround times continue to unpredictable due to high demand and staff availability.

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Hi There

In regards to below, where is this “letter”?

Updated Letter of Interest and term sheet from U.S. International Development Finance Corp.(DFC) provided with legal due diligence to commence incorporating commercial lender input

LPD Price at posting: 3.0¢ Sentiment: Hold Disclosure: Held
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0 Great analysis

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