Funding?, page-19

First 19 Last

Share
Profile

Follow
Upmarket

3,606 Posts.

1

22/04/18

23:06

Post #: 32616859
Share

Originally posted by Yeatesy ↑

It's possible it has something to do with that kissie, however my understanding is that the main issue between IBG and NFC at this point is the differences between the western and Chinese mine plan standards. Believe it or not the Chinese standards are less flexible in relation to many aspects of the mine plan and this significantly effects construction and operating costs going forward. The Chinese banks are unlikely to lend if the mine design dosen't meet Chinese standards even if the mine plan meets western standards. Due to this it may be more cost effective to use an alternative source of funding and go the metso plant design, in my opinion.

I don't think the NFC route is completely ruled out however if NFC and their funding aren't going to be flexible with the preferred mine plan, and if western financing construction and funding stacks up favorably, then its likely it will fall that way.

Yeatesy.

Expand

Agree totally with you, Yeatesy.

It looks like all systems go with the recent hires, advance works planning underway and lot's of funding discussions. But doesn't like NFC will play, which is a shame in some ways, but maybe a blessing in others.

Share price has to reflect that no-one thinks anyone will fund a mine in the arctic, and we just hope they're wrong as when that penny drops... whoooshka

IBG Price at posting: 4.8¢ Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

Reply

Top Stories

PL9

Prairie Lithium advances towards first production as commercial DLE unit arrives

KLV

Klevo Rewards advances stablecoin strategy with credit licence acquisition

Expert Exchange: SpaceX plummets back down to earth after explosive IPO debut

AFP

AFT Pharmaceutical's multi-billion R&D opportunity

HotCopper Highlights, Week 31: Pilbara Minerals, BrainChip and 4DMedical spark fresh investor interest

Expert Exchange: The Kouk on Michelle Bullock's legacy as RBA Governor

LISTEN: HotCopper Wire Podcast #052 – A big, juicy gold megamerger

OMA

Omega Oil & Gas kicks off play-defining drilling campaign at Canyon-3

DBO

Diablo expands critical minerals footprint at Star Range

LISTEN: HotCopper's Penny Drop Podcast #1 – Uranium deals, PFS misses, & an Ebola opportunity

First 19 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Funding?, page-19

Top Stories

Prairie Lithium advances towards first production as commercial DLE unit arrives

Klevo Rewards advances stablecoin strategy with credit licence acquisition

Expert Exchange: SpaceX plummets back down to earth after explosive IPO debut

AFT Pharmaceutical's multi-billion R&D opportunity

HotCopper Highlights, Week 31: Pilbara Minerals, BrainChip and 4DMedical spark fresh investor interest

Expert Exchange: The Kouk on Michelle Bullock's legacy as RBA Governor

LISTEN: HotCopper Wire Podcast #052 – A big, juicy gold megamerger

Omega Oil & Gas kicks off play-defining drilling campaign at Canyon-3

Diablo expands critical minerals footprint at Star Range

LISTEN: HotCopper's Penny Drop Podcast #1 – Uranium deals, PFS misses, & an Ebola opportunity

Featured News