What this Cap raise means for the Odysseus mine, page-2

It will take the raise, all cash on hand and the new debt facility to build Odysseus....

Read presentation announcement from last week - Ann: $100m Equity Raising Investor Presentation

Complete Odysseus development:
▪ A$243m remaining capex required to complete Odysseus as at 31 Dec 2020.
Key items include completing the haulage shaft, underground development
and construction / refurbishment of the mill and associated infrastructure.
▪ Odysseus will be fully funded to completion ready to meet first
production of concentrate targeted in FY23
. Funding sources:
▪ A$98m cash at bank (31 Dec 2020)
▪ A$75m agreed term sheet facility with CBA
▪ A$70m proceeds from equity raise
▪ Total A$243m in cash and facilities to complete Odysseus with equity raise