RE: RNS31 Aug 2022 11:02
DRB i like this bit on another article
βThe Mandate Letter provides a pathway to negotiate and agree the potential development debt funding, and a 100% offtake solution. This Mandate Letter supports our near-term production aspirations and, unlike conventional debt finance, the potential bespoke funding with offtake provides alignment between the parties for the pursuit of scale across multiple assets with a world class counterparty.
βThe Board is continuing to assess development plans at Han**** which may reduce the initial capex requirement outlined in the October 2021 Scoping Study and will advise once this process is complete.β