STB south boulder mines ltd

In respect of project funding, the AGM presentation would...

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    In respect of project funding, the AGM presentation would suggest avenues are already open.

    "Highest levels of interest in STB and Colluli is from - Asia. Expect Middle Eastern demand to grow. Non-traditional debt funding available."

    The 30% equity may come from the Middle East (ME) if the Eritrea Goverment want Arab partners. The odd noting of extra demand from the ME may suggest this.
    China would be preferable because of the large market and political protection it wd give from the antics of Susan Rice, etc.

    The non traditional debt funding could be more expensive and again supplied by an Arab partners.
    Project funding may not need a completed DFS study. With the ENAMCO deal finalised, STB's equity partner and debt funder may unfold sooner than later.

 
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