finance announced, page-30

mmerd,

Thanks for the clarification - in hindsight I should have realised that.

However these funds are for completion of the mine, and as such, surely they are going to draw down all of it, or almost all of it, relatively quickly (since they will need that money to complete it)?

It's certainly highly likely that the facility will be fully drawn down within 12 months, so while the interest will be less than the $10M I originally estimated, it will still be significant and the repayments will still be around US$9M per month.

For a mine in ramp-up mode that is significant. I'm thinking divvies might be a bit delayed... no big deal in the overall scheme of things, but I know some here are eagerly awaiting them!