"and it looks as though finance will be forthcoming."
Mind you we've been here, done that 7 years ago.
"Gippsland Limited ("Gippsland") is pleased to announce that negotiations with a major international banking institution ("Bank") for the financing of the Abu Dabbab tantalum-tin project are progressing well"
This news was released on 19/09/2005. We all know what happened then.
It takes a signed contract for $200M in debt and a cash raising of 50M to get this project going.
more positive news - tin / tantalum finance, page-3
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