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
Welcome to Livewire, Australia’s most trusted source of investment insights and analysis.
To continue reading this wire and get unlimited access to Livewire, join for free now and become a more informed and confident investor.
Already have an account? Sign in here
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.
Never miss an update
Get the latest insights from me in your inbox when they’re published.
3 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.
Please sign in to comment on this wire.