In keeping with our usual after close of business on a Friday announcements lets hope we can head off on the weekend with a bang.
Only 5 more sleeps to the EOFY when management told us they would have finance finalised.
"Having secured the Mining Permit and the successful Final Award in the SIAC matter,
Mt. Labo has received a number of debt finance and offtake term sheets that will 100%
finance the start up capital costs for Stage 1 of the Mabilo Project, the Direct Shipping
Operation. Negotiations are ongoing and we aim to finalise terms in the June quarter."
C'mon give us an update - gee when we were hot on Panguna they gave us an announcement that they had a picnic with locals and gave them some footballs!
Last Friday of the FY - watch this space
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Mkt cap ! $34.72M | |||
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