My only concern would be penalty rates, when we get into production and are nearer to $1 through up 25-30mil CR and pay out loan 2023? not unlike exactly what we did with the property purchase. This is a HUGE announcement fully funded project with so many benefits. Have a look at what LMG have done in the last couple of months when 3 months ago they couldn't move above 2c.
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- Ann: LMG finalises term sheet for $23M of project funding
Ann: LMG finalises term sheet for $23M of project funding, page-24
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