Agree re tranche D, expires 31/12/24, the purpose for the facility has passed, ie SE2/3 drills, expect this to expire undrawn unless renegotiated. Do we get our $12M establishment fee refunded?
Facilities A-C will expire on 30/6/25, and principal repayments are being made in line with debt being repaid in full by maturity.
Agree, the $80M facility is clearly indicative, and I don't anticipate any movement until W7 test results are known, and SE FID occurs.
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