GREY:NMKEF - Post by User
Post by
Kendle2017on Jan 15, 2018 2:32pm
284 Views
Post# 27361089
NMX Facebook post...
NMX Facebook post...This is the new verbage. Potentional downstream lenders? Production by end of 2020 now?
Bourassa said he intends to put together a “60-40” debt to equity project financing by the end of the first quarter. The company said it remains in discussions with potential downstream consumers and lenders, and has not ruled out bringing in a partner to purchase a portion of the project.
The Whabouchi mine and $531-million hydromet plant is scheduled to hit commercial production by the end of 2020.