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What Options for Dargues now?, page-5

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Gymjunky

4,851 Posts.

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14/05/15

19:37

Post #: 15282405
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Originally posted by ohmygod ↑

If the new government green lights the on-site cyanide route for dargues, then they will need to redo their capes and open numbers given the changes. Duetsche Bank and Comm Bank both approved debt facilities for the dargues project, so I don't think the debt position is not going to happen. I have no idea how much the project will take (of debt) but the cash being generated by the henry gold production will be absolutely vital to the development of dargues. Henty goes to care and maintenance at the end of the year. Sector Lead - what do you mean by "Still 2 years 2- 1/2 years of cash-flow from henry now" ?

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they spent 10 mil on Dargues already so would only need 60mil or less to get plant up and running.

UML Price at posting: 1.7¢ Sentiment: Hold Disclosure: Held
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What Options for Dargues now?, page-5

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