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.
- Forums
- ASX - By Stock
- south africa's coal demand and supply trends -
Aus - I don't know the hedging terms that you are chasing - I...
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CCC (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online