Back in May the company estimated total mine costs at 400m euro.
This is major plank and i would expect a further funding source to be advised for around $100m.
This could be off take, buyin, jv or CR. Company needs to advise IMO but at least its a BIG shot of confidence by fin markets.
Im in here due to ukraine war and shortage of potash due to Russian bans.
Hopefully we get the mine producing by Spring 2023 ready for Europe growing season. Nice pics or not it should start mining very soon. Again management should provide an updated production timeline ASAP
Ann: Project Financing - Credit Approval Secured, page-11
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