Can anyone recall any mention of the $100m debt facility that...

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niu

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30/10/18

22:46

Post #: 36322839
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Originally posted by triage ↑

Originally posted by triage
I'd be interested in your thoughts of the briefing niu as I'm afraid I've lost a fair amount of impartiality with regards Orocobre and Richard Seville. I find the bloke shameless: three years after the plant was supposed to be at nameplate and he failed to even address how and when things will be rectified. If he actually gave a toss he should be providing detailed actions and timelines for how he intends to fix this mess. And for him to end the session with the good news soon on the FIDs line. Only 18 months late, no worries. Makes my blood boil.

Can anyone recall any mention of the $100m debt facility that was part of funding for the phase 2 expansion and LiOH plant. In the briefing after the June quarterly release Richard Seville said that it was all but done and only needed to go through some procedural hoops. Strange there was no mention of it in the September quarterly or in today's briefing.

(and yes I also noticed how he skipped over answering the question about nameplate - as I said, shameless).

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Can anyone recall any mention of the $100m debt facility that was part of funding for the phase 2 expansion and LiOH plant.

No mention of the debt package - presumably covered off with the phrase "all material matters to permit Orocobre and TTC final approvals..."

ORE Price at posting: $3.35 Sentiment: Buy Disclosure: Held
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Can anyone recall any mention of the $100m debt facility that...

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