Even though many of us knew this was coming from prior statements made during investment conference calls/forward looking statements, FLC securing this funding should do a great job at quenching the dislike of potential investors whom may have had an issue with cash burn from associated production costs.
This facility should mitigate a fair bit of burn and ensure less dilution will be in shareholders futures.
Overall very good news and more boxes being ticked for the 2019, the year which in my opinion will see FLC finally come out of the gates with a significant rerate.
