Local agreement now in place around accommodation which will be leased for 15 years by Boab and will provide more revenue directly into the community and will benefit all stakeholders.
Surely this ratchets more pressure into NAIF to come up with the goods. It seems the whole project is awaiting their commitment at this stage and it also seems that the timing of the NAIF outcome, offtakes and other funding arrangements will coincide with the next push in the silver price.
It has to go ahead doesn't it? The question will be, what will the dilution look like to fund the remainder of the cash needed?
Ann: Heads of Agreement for New Shire Accommodation Facility, page-2
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