GREY:NMKEF - Post by User
Post by
apartfromtheherdon May 13, 2014 6:21pm
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Post# 22557626
Financing
FinancingWhy would you assume they would get financing before they get a green light from the government? Do we have to wait until next year for the money to come?
A formal production decision is expected to be made following, among other things, the receipt of Certificates of Authorization from the relevant Québec and Federal Government regulatory authorities. The project development schedule assumes that the General Certificate of Authorization for the project will be granted on or before March 31, 2015 and that concurrently the Project financing will have been completed
Read more at https://www.stockhouse.com/news/press-releases/2014/05/13/nemaska-lithium-whabouchi-feasibility-study-shows-npv-of-924m-and-irr-of-25-2#iGlf2BiGRxHk7Rdv.99