Managing Director Roland Hill made it clear in an interview today (Goldinvest) that he would only use the equity commitment in connection with project financing.
He wants to meet the temporary need for working capital "in an unconventional way".Hill excluded a capital increase at the current level.
So you can expect more surprises at FYI.
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- Ann: FYI Secures A$80M Funding, Delivers DFS & Upgrades Reserves
Ann: FYI Secures A$80M Funding, Delivers DFS & Upgrades Reserves, page-56
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