Someone please correct me if I am wrong, but KMC has stated it needs a further $18-20m for "plant" to add to its ball mill. This is not yet financed but needs to be, either via debt or equity. The Barrick tolling deal is only worth about $8m net over 12 months. Some of this will be spent on nickel exploration at Snowbird, Canada over the northern winter.
Someone please correct me if I am wrong, but KMC has stated it...
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