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NAIF backing in the frame for Verdant

PHOSPHATE junior Verdant Minerals has potentially secured A$160 million of the $368 million needed for developing the Ammaroo project in Northern Territory from the federal government-backed Northern Australia Infrastructure Facility.

Michael Quinn
Verdant is on the road to funding Ammaroo

Verdant is on the road to funding Ammaroo

Verdant is aiming to have the funding from NAIF confirmed by mid-2019, with the offer contingent on a number of factors including the ASX-listed company finalising additional debt and equity totalling...

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