Western Desert Resources (WDR) has concluded financing discussions for the Roper Bar Iron Ore Project
Western Desert Resources (WDR) has concluded financing discussions for the Roper Bar Iron Ore Project. After the recent off take agreement with Noble Group WDR has announced Macquarie Group will provide the remaining debt financing required to bring the project into production. The announcement is effectively the last hurdle ahead of initial production later this year. The share price in WDR has surged since early August on the back of these positive developments. Given the resilience of the iron ore price things appear to be shaping up nicely for their transition to Australia's next iron ore producer. (VIEW LINK)
Never miss an update
Enjoy this wire? Hit the ‘like’ button to let us know.
Stay up to date with my current content by
following me below and you’ll be notified every time I post a wire
Livewire is Australia’s #1 website for expert investment analysis. We work with leading investment professionals to deliver curated content that helps investors make confident and informed decisions.
Safe investing and thanks for reading Livewire.
2 topics
Livewire is Australia’s #1 website for expert investment analysis. We work with leading investment professionals to deliver curated content that helps investors make confident and informed decisions. Safe investing and thanks for reading Livewire.
Expertise
Livewire is Australia’s #1 website for expert investment analysis. We work with leading investment professionals to deliver curated content that helps investors make confident and informed decisions. Safe investing and thanks for reading Livewire.
Expertise
Comments
Comments
Sign In or Join Free to comment
most popular
Equities
Why Australian equities will again outperform
Leithner & Company Ltd
Equities
The 4 “Dividend Aristocrats” of the ASX
Livewire Markets
Equities
Buy Hold Sell: 5 solid results the market missed
Livewire Markets
Equities
13 ASX stocks that should be on your radar
Livewire Markets