Ann: Funding Update, page-171

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    "(Conditions) The royalty is subject to satisfactory lender due diligence, the grant of the agreed security, Cokal shareholder approval and receipt of project funding (Initial Conditions) as well as commercial production at the rate of 100,000 tpa by 29 October 2018 and Platinum Group being satisfied with the budgets for all financing proposals (Further Conditions)"

    2017 Annual Report, unless you know otherwise.
 
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