PFS/DFS only needed if conventional funding route needing to be followed, like here. Borrowing against the Offtake, from the Chinese, will already be stitched-up in the legal agreements going back to the original placing and, then, only a single Feasibility Study in support of the Mineral Extraction Permit application. It's entirely right that the BoD should keep its options open but the decision for them will come when, in Q3, they submit that application.
Do you still maintain that it takes a whole year to build a mine and a processing plant, after funding is in place? Even looking at other projects elsewhere? Or with your new sentiment, do you now accept Q1 2020 for production as repeatedly stated in several presentations and RNS's (anns)? I'm just curious to what extent you are now changing your tune.
- Forums
- ASX - By Stock
- Who is going to the AGM?
PFS/DFS only needed if conventional funding route needing to be...
-
-
- There are more pages in this discussion • 56 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)