Per CNQ’s Announcement dated 7 October.
“Signing of the agreement is expected to take place during October 2014.
THIS WEEK.
This $15 Million USD loan (Approx $16.5 Aust Dollars) will fund CNQ to production of the 12 Million tone stockpile with Mitsubishi’s leadership.
I am looking forward to the announcement and conformation of the production date, which has been suggested by Broker reports as Mid 2015.
As per CNQ announcements hopefully we will see an update on financing from other off takers to reopen the open cut.
Please DYOR.
Tungsten Mitsubishi Loan Signature.
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