The firm would need about 450 million euros to start up, including working capital. "Of these, about 300 million would come from bank financing," explains Ignacio Salazar, who points out that at least another 100 million will come from a capital increase that the parent company of the project (Highfield Resources) will have to undertake in Australia, where the main shareholders of the company are located.
This is somewhat alarming. Didn’t they quote €380m?
...THE FINAL STRETCH AND IS EXPECTED TO BEGIN WORKS DURING THIS SUMMER, page-2
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