RE: Opinion sought please7 Sep 2024 09:46
Though Mr. Day has reportedly said, ‘we’ have the money, Ggp does not, in the bank, and it is right to question how any funding may be secured, and the terms of it, particularly if Ggp is to go it alone on Hav, Telfer, and all the additional capex to bring Hav into production, and get to FCF.
Nobody has the answers. The fact is, Ggp will be limited to the contents of its purse, the speed of operations, the content of the FS.
It may be that there will be more moderate outcomes than envisaged by most on here.