People's thoughts on this statement?15 Nov 2024 18:24
Debt Deferral
In addition, Hummingbird has reached an agreement with the Lenders, through waiver agreements (the "Waivers"), to defer approximately US$30m in repayments due on 31 October 2024 (including accrued interest) that the Company was not able to pay on an ongoing rolling basis to support the Company's liquidity position as, inter alia, Yanfolila improves operational efficiency and Kouroussa completes its ramp up to full targeted production volumes.