Yes, the delay of the DFS did not help and the new date for both loans is 30 November 2022. This is thereabouts Q4 for when we are expecting the final DFS and BMW Binding Offtake.
So it only strengthens my reasoning that CLE are waiting for it and could be expecting to monetise from a positive EUR DFS very soon.
EUR should get the funds back, whilst keeping a strong register at this critical time.
In a way, it's a strategic win win for both
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