its gold, and obviously i'm super supportive, but its a bit of a bitter sweet from holders perspective.
the great.
- study confirms that they take production to 120kt!
- this adds substantially to the profits and NPV!
- they can secure 20 million debt from K+S for capex.
- the expanded production is already spoken for.
the not so great
- 25 million dollar financing even coming our way soon.
obviously this was never going to be free though. so this shouldn't move the needle too much.
Ann: BSOPP Feasibility Study Complete - New 120ktpa Base Case, page-7
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