” Secondly, this cornerstones Mahenge’s robust forecast economics, providing a runway to finalising the debt finance process. The Company continues to progress its project debt financing process through advisors ICA Partners with credit-approved term sheets anticipated in Q2 CY23.”
Let’s hope so. Progress has been slower than expected so
far. But, as above, the end June timeframe for term sheets was reaffirmed in BKTs announcement on 29 May about the Posco offtake. So here’s hoping.
Credit Approved Term sheets, page-2
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