HGO 1.49% 6.6¢ hillgrove resources limited

General discussion inc SP movement, page-204

  1. VYR
    4,533 Posts.
    lightbulb Created with Sketch. 2877
    It seems that funding for commodities deals is still available.

    I was interested to read that Freepoint closed a $2.6b facility with 20 banks in June.

    Nice to have the very knowledgeable Freepoint sitting beside us as a large shareholder with skin in the game.

    As Opex rightly says they wouldn't have bought the royalties if they weren't confident of an early start.

    Hedging $30m and even providing debt funds is small fry for them.



    https://www.gtreview.com/news/global/freepoint-keeps-banks-close-for-us2-6bn-facility/

    https://hotcopper.com.au/data/attachments/4807/4807222-ef95ceb2ce8f32d85a6523ab563ff8ba.jpg

 
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