In 20 years or so in the industry, top to bottom, I haven't seen a finer and more robust PFS across all aspects of risk and deliverability to economic and financability.
This will be funded via non-bank equity (from off takers) and specialist debt.
Smelters will pay a premium for this Con as its so clean, high grade meaning they can run their smelters so much more efficiently.
I expect a bun fight to win Galenas off take
No need to bother with the banks
The Capex is so small and the project so robust id be surprised if they weren't well into financing by Xmas.
Thats assuming SFR/WSA/IGO and or a myriad of other predators don't make on a offer before then.
Best project in Oz with a bow around it.....IMO
In 20 years or so in the industry, top to bottom, I haven't seen...
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