De Grey Chief Financial Officer, Peter Canterbury, commented:
"We have reached another significant corporate milestone as we move closer to the commencement of construction of Hemi. We look forward to moving ahead with our lender group and finalising documentation over the coming months to achieve the targeted $1.0bn senior debt facility in the second half of 2024.
Combined with our existing cash reserves exceeding $850m following our recent $600m equity raising, the proposed debt package is expected to fully finance the development of Hemi and brings us closer to a final investment decision once we receive environmental approvals for commencement of Project construction.”
Let's get on with it!
Ann: Credit Approvals Secured for Hemi Gold Project Financing, page-5
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