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10:09
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Originally posted by Mining8:
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would likely be very competitive terms(i.e interest rates) to achieve this outcome. “This week’s release of our highly positive Definitive Feasibility Study hasgenerated significant interest from awide range of investors and potential , andI am confident we will secure the necessary short term funding as on HIGHLY COMPETITIVE TERMS .” Also AVZ have a staged approach, as the market and revenues dictate to avoid problems that WA inc had in their mine development....$275 million for a basic first stage to produce SC6 and then $545 million when you add a sulphate plant and so on; which mitigates funding pressures.
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many ways to skin a cat, you can instead of equity also have future participation of actual cash profits. Project financing has many variants and options depending on what type of creditors (I.e. banks, lithium producers, auto and/or consortium).
