They can't draw down untill 12 months from production and it is a 18 month construction process so it's really to cover construction and start-up costs .No repayments untill 12 months from drawdown.These guys must be confident as they already have a offtake for 800,000 lbs with Curzon.
10 to 20 million dollars helps reduce the 75 million start-up costs.
They are infront of alot of other developers in the sector and undervalued to others if one believes in nuclear moving forward.
They can't draw down untill 12 months from production and it is...
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