GREY:WFEMF - Post by User
Comment by
Flow23on Feb 24, 2013 3:25pm
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Post# 21035564
RE: Woulfe to clinch deal for tungsten project in
RE: Woulfe to clinch deal for tungsten project in 260 Mil., interesting! Previously announced financing was 150 Mil. by the bank and 70 Mil. by IMC. So there are 40 Mil. more. IMO a positive reason for that could be a higher output or a negative one that CAPEX is higher than initially expected. Anyway the reason for delay seems to be hidden behind this higher volume.