Spec
I agree with a lot of what you have written, but I can not agree with you comment that"GCY has basically ensured they are fully funded for both Dal and Glen".
The current project is not going to be able to fund the exploration program needed for both projects, ongoing admin costs, interest payments, the repayment of $60m as well as the construction and development of a mine at Glen over the next 3-4 years. Separate funding will be needed for that, unless the AUD POG goes ballistic.
loki
Ann: Debt Facility Executed for the Dalgaranga Gold Project, page-5
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