Sounds on balance like good news.
Not that it matters but I don’t recall it being mentioned previously that the Ganfeng investment would happen on a staged basis.
Does this suggest anything about the progress, cash position, drawdown on the debt facility, and overall capital spend to date? (eg Ganfeng are now progressing with the first instalment of that secondary investment because we’ve completed certain milestones/spend with the original funding?)
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- Ann: Continued Ganfeng Support - First Funds Received under EIA
Ann: Continued Ganfeng Support - First Funds Received under EIA, page-33
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