ORE 5.11% $6.13 orocobre limited

Ann: Orocobre Limited - Olaroz Stage 2 Expansion FID Approved, page-14

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  1. 693 Posts.
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    Can someone please enlighten me about the finance package. I thought that the last capital raising was to pay for stage 2? Now it seems we need shareholder loans, a $180mm 7 year facility etc to pay for a $295mm project, when we have over $300mm in cash and positive cash flow.


    Am I missing something? Or, do the management want to keep a massive cash balance?

 
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