EFA conditions to secure A$200 million funding is subject to...

EFA conditions to secure A$200 million funding is subject to these conditions...

"As outlined in EFA’s non-binding letter of support, a successful outcome from the EFA assessment and due diligence process is contingent on a number of conditions, summarised below:

• securing offtake commitments for metal products, which diversify critical metal supply chains;
• execution of a lump sum turnkey fixed date contract with an acceptable engineering contractor for the engineering, construction and commissioning of the Project;
• finalising the Project’s funding plan including the raising of equity and securing funding from other lenders;
• meeting eligibility criteria, credit and risk requirements, including, but not limited to, EFA’s “know your customer” and anti-bribery requirements and checks; and
• the Project receiving the required regulatory and environmental approvals."

I think I'll distance myself from the market for at least the next 6 months and check back in then. Good luck all, hang tight!