Maybe I'm not reading this properly, from their nov 2 press release.
"The three initial MLAs have been engaged to arrange and syndicate a finance facility targeting debt funding of 50 - 60% of the total development cost of the Project , including working capital and other credit facilities . The banks will make best efforts to provide a total of US$ 375 million of the total credit facilities required for the development of the project , with the balance to be raised through additional MLA bank(s) or via a syndication process anticipated to take place following completi on of the Definitive Feasibility Study".
The way I interpret it, 375M compromises 50-60% of the total development cost of the project. Which brings the project cost close to the company guidance of US750M.
Where you getting your numbers?
Maybe I'm not reading this properly, from their nov 2 press...
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