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Glencore approves $22m loan for Pacific's Kolosori

The project has an IRR of 156%

Nathan Richardson
“The Company believes that the Project holds relatively low technical risk, and that capital payback will be achieved in under 12 months,” Pacific's CEO said.

“The Company believes that the Project holds relatively low technical risk, and that capital payback will be achieved in under 12 months,” Pacific's CEO said.

"The Company anticipates that it will be in a position to affect an initial drawdown of US$3 million once documentation has been completed. This will enable the Company to continue the current development...

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