Thought the point was obvious, but in case it isn't: the point isn't to compare the commodities or projects, but rather the structure of the deal.
A 5-year offtake agreement in return for a prepayment (loan) facility, with specifics provided around maturity of the debt, interest capitalization, and even a disclosed margin over SOFR. All locked into a term sheet. That's how you organise mine finance when your name is Bill Beamont; aspiring juniors take note.
General Discussion Banter GLN, page-15642
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Last
15.5¢ |
Change
-0.005(3.13%) |
Mkt cap ! $116.6M | |||
| Open | High | Low | Value | Volume |
| 15.5¢ | 16.0¢ | 15.5¢ | $73.16K | 459.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 351993 | 15.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.0¢ | 312603 | 18 |
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| GLN (ASX) Chart |