It will take the raise, all cash on hand and the new debt...

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