"The appointment of CF&Co follows approaches from several financial institutions with indicative funding proposals, including the possibility of funding completion of the Definitive Feasibility Study (DFS) with debt, and procuring significant funds and financial support for the development of the Natougou Gold Project."
The above is from the announcement and interesting that "approaches from several financial institutions with indicative funding proposals" and the DFS, suggests to me that this will be fast tracked to development. Obviously a very viable and profitable project, no wonder SEMAFO are making offers and I believe there are other parties of interest, the AGM today will be very interesting and if anyone attends, I would love some feedback.
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- Ann: Natougou Project Debt Funding Proposals
Ann: Natougou Project Debt Funding Proposals, page-3
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