MYG 1.22% 81.0¢ mayfield group holdings limited

Ann: Mutiny Secures Project Loan and Hedging Faci, page-6

  1. 2,798 Posts.
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    re: Ann: Mutiny Secures Project Loan and Hedg... I dont quite understand how MYG are covering the plant capex
    Is it debt based, or will there be a raising (or maybe both)?
    The following statement is what has me confused.

    "Upon completion of the Definitive Feasibility Study, scheduled for March 2012, CS has first right of refusal to provide the full Project Finance Facility, subject to Hartley’s’ right to act as lead broker, for the underwriting of future capital raisings."
 
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