G1A 0.00% 5.9¢ galena mining limited

Ann: Trading Halt, page-16

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  1. 4,269 Posts.
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    I’m steering away from this being a normal traditional debt funding arrangement because of;

    1. The timing of this announcement - pre DFS - no point blocking your options so early
    2. AMs recent overseas trips and
    3. I doubt they would debt fund 100% without OT and even a Medium/High leverage debt would accompany a Strategic/cornerstone/OT deal, not precede it.

    In short I agree with you this is likely a cornerstone and offtake arrangement and if it is then possibly coupled with some cheap debt access also

    It is highly likely we have just substantially de-risked our project
 
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