In the loan announcement on 17/4/24 "EFA has been progressing due diligence on the upstream Graphite Concentrate operation, with aspects of due diligence completed including technical, and no fatal flaws identified."
They also keep making it clear the 150m loan and 30M overrun debt facility is this is for the upstream portion which the EFA have completed due diligence on.
Would lead me to believe that EFA are currently assessing the down stream PSG facility for backing also.
I mean what is the point having one without the other?
RNU Price at posting:
10.0¢ Sentiment: Buy Disclosure: Held
