The fact that the Angolan government supports this project so strongly is a massive bonus here. Especially when you look over and realize only now is there talk of Peak Resources finally getting a special mining licence in Tanzania.
Would love to know a bit more about this Mezzanine financing. Is this common between PFS and DFS? If the company can get Mezzanine financing then clearly some financiers would have looked at the project long term and be willing to lend money in the short term, with the assumption that the company ticks all the right boxes to actually achieve full project financing down the line.
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