Going by the update today, there are several financiers who have expressed interest in funding the project (~US$99m). Given the very favorable economics and very low AISC, the risk of the debt will be notably lower then comparable juniors in the past who has tried to get funding. Further, given the very low AISC there is no reason to 'hedge' or 'forward sell' any future gold production to lower the risk profile for any prospective financier.
With higher gold prices on the horizon, payback will be fast, hopefully the loan will provide favorable terms for early payments!
Looking good for this coming gold bull market.
Going by the update today, there are several financiers who have...
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