Page 88 - pd309-Oct22-mag-web-Neat

nIcKeL PReVIeW

Centaurus gets the jump on Jaguar

entaurus Metals Ltd has given the
Cstrong indication yet that its Jaguar
nickel sulphide project in Brazil will be trans-
formed into a downstream sulphate opera-
tion over the next few years.
While the DFS on Jaguar is not due un-
til the end of Q1 2023, the company has
moved quickly to put the first pieces of the
funding puzzle for project development into
play with Orimco Pty Ltd appointed debt ad-
visor last month.
Centaurus managing director Darren
Gordon said the decision to bring Orimco
into the fold some six months prior to the
DFS hitting the market was to ensure the
outcomes and deliverables in the upcom-
ing study met both the requirements and
expectations of debt financiers.
“There are a lot of guys within Orimco
who have actually acted as ITEs before so As many as 15 rigs were turning at the Jaguar nickel sulphide project during the first half
we’re confident they can help guide us with
the things we need to do prior to actively
engaging with the debt financiers,” he told making sure they are able support what “It’s a pretty important appointment and
Paydirt. we’re doing into the DFS to ensure that it we’ll now be actively engaged with these
“We’ll still be asking them to introduce us all stacks up from a debt financing perspec- guys to help us through that financing pro-
to the various groups, but perhaps most im- tive. We want them to review everything as cess, which obviously is not just debt but
portantly, over the next 3-4 months we’ll be though they were the ITEs and try to iden- potentially the equity side of the conversa-
tify any gaps that we haven’t thought about. tion as well.”

Hyperspectral Core Imaging

Hyperspectral Mineralogy
Core Photography
Automated Core Logging
Automated Geotech
Geological Image Management

corescan.com.au
: ESR
estrellaresources.com.au

Page 88 OCTOBeR 2022 aUSTRaLIa’S PaYDIRT