Highlights
• EXIM Due Diligence process successfully concluded for 2022; no “red flags” identified following
approximately 9 months of desktop and field-based diligence work by EXIM’s specialist advisers
• Discrete work streams now defined – cutting across technical, environmental and social – where
further investment is required to meet current bankable standards in certain areas
o These are largely immaterial in cost and complexity relative to the overall project size
o Ironbark understands these gaps could be closed off in a single field season subject to
funding being available, after which its EXIM credit application can be resumed
• EXIM have confirmed that Citronen remains a pending 402 project and the bank is committed to
restarting negotiations as soon as Ironbark elects to do so
• Renewed discussions underway aimed at attracting strategic investment into Citronen
o Opportunity to leverage off continued interest in debt investment from US EXIM Bank
o Newly opened time window allows for further exploration work aimed at improving base
case economics
• Substantial recent progress made with Norway based LNS A/S however it is anticipated that
discussions will continue into the March quarter in 2023 under the existing MOU (in place until May
2023)
cheers.
- Forums
- ASX - By Stock
- Ann: Citronen Base Metals Project Update
Highlights • EXIM Due Diligence process successfully concluded...
-
- There are more pages in this discussion • 41 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add IBG (ASX) to my watchlist
|
|||||
Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $6.375M |
Open | High | Low | Value | Volume |
0.4¢ | 0.4¢ | 0.4¢ | $4.833K | 1.208M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 2117531 | 0.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.5¢ | 5429982 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 2117531 | 0.004 |
19 | 9661559 | 0.003 |
9 | 4868868 | 0.002 |
3 | 3800000 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.005 | 5429982 | 9 |
0.006 | 5144110 | 4 |
0.007 | 1101257 | 5 |
0.008 | 606448 | 3 |
0.009 | 100000 | 1 |
Last trade - 15.05pm 21/06/2024 (20 minute delay) ? |
Featured News
IBG (ASX) Chart |
The Watchlist
FHE
FRONTIER ENERGY LIMITED
Adam Kiley, CEO
Adam Kiley
CEO
SPONSORED BY The Market Online