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LYCOPODIUM LIMITED — Capital/Financing Update 2011
Apr 27, 2011
65278_rns_2011-04-27_224cd092-0bd7-4375-b2a6-a290bd922e4e.pdf
Capital/Financing Update
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ASX RELEASE
28 April 2011
TROPICANA PROJECT
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Lycopodium Limited
ABN 83 098 556 159
Level 5, 1 Adelaide Terrace East Perth, Western Australia 6004 Australia PO Box 6832 East Perth, Western Australia 6892 Australia T: +61 (0) 8 6210 5222 www.lycopodium.com.au
Lycopodium is pleased to provide an update on the Tropicana Project. The Notice of Intent, as advised on 21 January 2011, was subject to the satisfactory negotiation of contractual terms and conditions for the services. Lycopodium recently completed the contract negotiations and the EPCM contract has now been executed.
The revenues from the Tropicana Project were previously factored into the full year guidance figures, provided on 23 February 2011. Accordingly, the Directors advise there are no changes to the full year guidance result.
For further information:
ROD LEONARD MANAGING DIRECTOR Lycopodium Limited T: +61 8 6210 5222 E: [email protected]