Image Resources NL (AU:IMA) has released an update.
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Image Resources NL has accelerated construction at its Atlas Project after securing necessary approvals, with significant progress including the completion of an accommodations camp and dismantling of a wet concentration plant for relocation. The company secured a $20 million prepayment facility to support the project, ending the quarter with a strong cash position of $29.7 million. This positions Image Resources well for its ambitious production and sales targets in early 2025.
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