re: Ann: Gindalbie Completes Final Stage of E...
* Slide assumes USD debt facilities converted to AUD at an average exchange rate of 0.943. Any funding shortfall which may arise due to a less favourable average exchange rate over the debt draw-down period is expected to be funded by additional bank debt. Original project debt facility was negotiated using a 70/30 debt/equity funding ratio, versus 54/46 after equity raising (based on current debt drawn down, and recent USD/AUD exchange rates, approx. USD$150m-$200m of additional funding may be required to fund the project).
Page 4 of 2011.11 Corporate Presentation(5.0 MB) http://www.gindalbie.com.au/Investor+Relations/Latest+Presentation/default.aspx
GBG Price at posting:
47.5¢ Sentiment: Buy Disclosure: Held
