j-money that may well be the case. Reads like all is in order but the Bank wants final costings before they sign off. Not surprising as no one wants a multi million dollar surprise especially in the current global environment. This may in turn push back production into mid 2018 depending on how much can get done before finance is approved. Sounds like they are getting all the ducks lined up so when finance is approved everything is poised to go which will in turn minimize any delay to production timeline. Smart moves on behalf of Management. Overall a small delay to get 100% finance on a deal that has a payback of 3 years and then money for Jam after that I am happy to wait for.
ATC Price at posting:
11.5¢ Sentiment: Hold Disclosure: Held
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