3% per month loans to every man and his dog in Kalgoorlie it seems.
I don't mean to pry, but is the TSF really only rated for 70,000t? At 2.6g/t this is only ~5800 Oz. $16M in gold, before costs, recoveries, etc. Not going to do more than pay off the loans. So I guess the creditors are concerned with getting this thing going so they can pay themselves back.
Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-23
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