...Mr Jones said the company already had indicative offers for finance in excess of the $3.5bn, with Sundance aiming to define that by Christmas....
...Mr Jones said development funds and export credit agencies around the world had shown strong interest in helping to fund the development....
“There’s a lot of people whose mandate is to help a lot of these African countries get projects off the ground. We’ve been swamped with people who want to put money into this project,” Mr Jones said.
“We’ve also had serious interest from export credit agencies.”....
....If Sundance is unable to fund Mbalam’s development entirely through debt, Mr Jones said the company would raise equity through the sale of a small stake in the project itself.
Good luck to all holders.
Pikapika
SDL Price at posting:
8.1¢ Sentiment: Hold Disclosure: Held
