Ann: Change of Director's Interest Notice, page-160

"I thought I read somewhere they were planning to fund the Tomingley extension using cash flows and corporate debt." - what they said in the past was to use cashflow, debt, cash reserves and possible CR. But that was while ago and they may opt for one or tow of those options or bit of all.


With rates going up debt becomes expensive but with SP at the bottom CR is also expensive. Will be interesting to see what they do. In the meantime we can hope SP goes up on the back of the Tomie expansion and Kaiser MRE. Any positive exploration result from Boda2 could also help and perhaps make CR more attractive.
Hard to tell what they chose to do.