One would have to assume that the debt funding announcement shouldn't be too far away when refering back to MF comments from Indaba 8th Feb....
.... Speaking to MiningNews.net on the sidelines of the Mining Indaba event in Cape Town, Aim managing director Marc Flory said the company would not be required to hedge any of its zinc output under the terms of the soon to be confirmed debt facility.
Aim is set to complete its debt financing, believed to total around $80 million of the $145 million required to bring Perkoa into production, in the coming weeks ....
Having said that previous experience implies that coming weeks can mean coming months. I am happy with the company attempting to pick the best course of action by analysing all possible strategies for raising cash and offtakes, however there comes a point where you have to make a call and get on with it?
zzzzzzzz, page-7
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