SYR 2.22% 23.0¢ syrah resources limited

Ann: US$150m DFC conditional loan commitment, page-6

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    The conditional loan approval is not different to a "conditional Home loan approval", now the board only need to produce loan approval document from SYR board and few legal document and formal approval within 2 days. Expect next announcement within few weeks that the loan has been approved and no need for going into market for a CR.

    Once full production, the loan will be paid back within 4 years
 
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