Yep, but this is due to the NAIF loan being 'conditional', to ensure all milestones are hit and boxes are ticked.
It's this 'conditional' aspect that is keeping the lid on the sp, imo.
Next stop, external commercial funding, which should really be a 'walk in the park' now. This may also change the timeline for the 'final' (project establishment) cap raise.
2020 has been a horrible year for everyone, but a major year for BCI's Mardie project.
And 2021 will be a massive year for BCI.....!!!!! Note the sp currently and lets check back this time next year for a comparison!!!
GLTAH
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- Ann: NAIF Approval of A$450M Loan for the Mardie Project
Ann: NAIF Approval of A$450M Loan for the Mardie Project, page-56
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