re: Ann: Debt Financing Facility Finalised - ... Very surprising !! Buy the rumour sell the fact .
You would have to say it should drift up after these sellers get out.
I guess the only concern is at what price did they sell the forward production and over what time frame. The risk now is if the gold price rallies past this price and they have production issues and do no get the 70,000 out of ground then they have to buy into market ..
People probably looking at CCU and saying it is not a gimme until they see production grades.. This will not be too far away and if they are good then we are sitting on a 1X earnings with Free Lithium and Vanadium - NUTS !!
But yes I am happy now that is has been de-risked with the finance .... I am happy to top around that support line of 18 or below !!
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