Ironbark is working towards advancing the financing and development of Citronen as it progresses to become one of the world’s largest zinc mining companies.
Ironbark selected NFC as providing the most technically capable, rapid and competitive construction engineers to deliver a turnkey, fixed price EPC solution to develop and commission Citronen. Moving beyond the existing Memorandum of Understanding with NFC, Ironbark will see the Citronen Feasibility Study updated and tailored to meet the Chinese banking requirements that will target 70% debt financing and provide NFC with an option to acquire up to 19.9% of the Citronen Project.
Recently discussions have included exploring options for even higher levels of financing from China.
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I like what is between IBG and its peers ...... Daylight ....
hold in there team as it appears we are in for the ride of our lives.
cheers........
Ann: Citronen update, page-5
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