I think it's more 'new debt to replace old debt', but yes it's still US$20m that someone's got to pay back with interest!
However, if this project does all come together, then the US$20m will be a very small fraction of total production
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- Ann: Vector Completes Acquisition of Adidi-Kanga Gold Project
Ann: Vector Completes Acquisition of Adidi-Kanga Gold Project, page-238
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