Please find attached an amended version of the Perkoa Joint Venture Project – Mineral Resource Upgrade announcement released yesterday.
The third paragraph on page 5 has been amended to now read:
“Negotiation of the detailed Project financing arrangements for the incremental capital necessary to fund the expansion case has been concluded in anticipation of a final investment decision by Blackthorn Resources. The financing arrangements are substantially in line with the provisions of the term sheet agreed with Glencore in mid-2011 and are to be incorporated in amended provisions of the Senior Facility Agreement. Additional consequential amendments are also being drafted to other Perkoa JV Transaction Documents to reflect the agreed Project finance terms for the expansion proposal.
For further information please download PDF below:
