RES 0.00% $4.61 resource generation limited

Whilst this further delay is unfortunate, the Board believes...

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    Whilst this further delay is unfortunate, the Board believes that these concerns can be addressed in a timely manner and has set the objective of resolving these with the lender by the end of the month. This will then enable the credit approval process to proceed in June 2018.

    The Company has been able to identify a number of parties interested in funding the required rail link for the Project. The most advanced proposal is going through an internal credit approval process and if approved, a short due diligence exercise will be initiated.

    Noble has communicated to the Board its willingness to consider a request to cover any working capital shortfall arising from this further delay and the Company is appreciative of this ongoing support.
    Rail Link Funding

    The Company has been able to identify a number of parties interested in funding the required rail link for the Project. The most advanced proposal is going through an internal credit approval process and if approved, a short due diligence exercise will be initiated.
 
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Currently unlisted public company.

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