Otmane El Rhazi from Mining Weekly | Ferrous Metals Home.
Triple-listed Ferrum Crescent has granted a deadline extension for the first payment of R2-million, owed by Principle Monarchy Investments (PMI) as part of a bankable feasibility study financing agreement. The iron-ore developer said on Wednesday that the first payment was due on June 1, but that PMI had requested an extension to complete its internal restructuring.
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