"Tiger has executed an exclusive mandate with The Standard Bank of South Africa Limited and FirstRand Bank Limited, acting through its Rand Merchant Bank division, as lead arrangers and bookrunners ("Arrangers") to provide a project finance facility of up to $175 million to fund Phase 2 expansion and to refinance Tiger's existing finance facilities Gerald Metals and Taurus Mining Finance Fund."
BANG, debt risk gone, question is at what rate will they refinance?. Solid AISC costs, copper sales were less than what i expected,but very solid quarterly.
