I reckon they will do a 75/25 debt equity mix . So there will be...

I reckon they will do a 75/25 debt equity mix . So there will be another CR but not to much dilution

Ideally you want max 2 years payback to get a decent loan deal. the forward price for gold is AUS 1600 plus


I hold CCU which is currently organising a loan on a project in Cobar with similar CAPEX, so that will give an idea on the type of finance available for projects of this size

the big upside here will come from exploration success which is why I bought in.