CCC 0.00% 0.1¢ continental coal limited

Aus - I don't know the hedging terms that you are chasing - I...

  1. 2,681 Posts.
    Aus - I don't know the hedging terms that you are chasing - I have emailed JB asking for an explanation.

    The total ABSA facility is $65m - none of which has been drawn down yet.

    $35m available for Penumbra project finance

    $15m to extinguish EDFT debt - but over $5m already paid on the $15m to EDF via Ferreira coal

    $15m working capital

    A significant amount of money has already been spent on Penumbra, so it seems unlikely that Conti will need to access the full $35m project financing. Plus SIOC-cdt will need to contribute their 26% share. ABSA may allow the above funding arrangements to be rolled over into DeWittekrans project financing.
 
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