I stand corrected on the terminology, i refer to the BAM facility as the PSG plant. See below on why. I have since called it the BAM facility and will shift this.
RENASCOR RESOURCES LIMITED (ASX:RNU) - Ann: Renascor Secures BAM Site from SA Government-Owned Utility, page-1 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum
Since the April announcement they have talked to it now being available for the upstream component of the project were prior it was just approved for the project. In hindsight perhaps this was an assumption of mine, however what was the change for, that was the only change of wording. This was not a separate loan or any other and it is still l 100% conditional. There are still several conditions to be met before unlocking the funds.
RENASCOR RESOURCES LIMITED (ASX:RNU) - Ann: A$185M Government Loan Approved for Upstream Graphite Mine, page-1 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum
And this from the recent preso in noosa.
RENASCOR RESOURCES LIMITED (ASX:RNU) - Ann: Noosa Mining Investor Conference Presentation, page-1 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum
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Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-37
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