"Funding Process
As previously reported, the Company is pleased to have several potential funding pathways available to finance theProject having received a number of non-binding indicative term sheets from debt financiers. The Company hasremained in discussions with potential debt financiers during the Quarter, and once offtake has been secured theCompany aims to commence relevant due diligence streams with a view to obtaining credit approved term sheets.With the engineering and technical aspects of the Project and the offtake process all progressing well, the Companyis targeting the mandating of debt financiers during the next few months."
Let's hope things get moving soon. We still have cash for about a year at this rate, so, hopefully 2024 will see things turn around and officially move forward!
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Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-2
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LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non Executive Director
Simon Kidston
Non Executive Director
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