Slide 19 of Africa Down Under Conference
The $40 Million raised is for:
• Proceeds to be used to progress towards Financial Close for the Project’s debt and equity
financing
• In particular the proceeds will be used to:
• Provide support and overview as Mota-Engil currently mobilises procurement, design and
construction teams for the Project
• Front End Engineering and Design (FEED) contracts for the mine plant and associated
infrastructure
• Appointment of independent technical experts to satisfy lenders requirements, which will
include upgrading our Environmental Impact Assessment to the latest Equator Three
Principles
• Negotiation and detailed term sheet documentation of a comprehensive debt and equity
funding package for the Project
• Continue pre-construction activities in-country
• Ongoing corporate working capital
Without the $40m, we won't be able to carry out the above and progress towards Financial Close for the Project’s debt and equity financing.
Good luck to all holders.
Pikapika
- Forums
- ASX - By Stock
- Fin Review Coverage
Slide 19 of Africa Down Under Conference The $40 Million raised...
Featured News
Add SDL (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
1CG
ONE CLICK GROUP LIMITED
Mark Waller, MD
Mark Waller
MD
Previous Video
Next Video
SPONSORED BY The Market Online