Hi Jogo, I was implying that by the time Kiaka pours first gold, WAFs net debt position might actually be... neutral, meaning that debt facility they are using is for all intensive purposes, just an overdraft that has been called on.
Almost all companies that are in production, yet undertake development utilise loans (I know you know this).
And yes the loan will indeed be paid back.
WAF likely seeing over $1000 USD margin on production right now.
Good time to be a producer and developer (with most base metals in the pits, so cost pressures are easing in the mining industry).
Ann: Production Update - March Quarter 2024, page-12
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