RE: Another Day another RNS .....yet29 May 2025 17:46
(In late May 2023, Greatland entered into its Paterson South farm-in and JV with Rio Tinto, and also received an updated debt support letter from its backer banking syndicate comprising ANZ, HSBC, and ING regarding a proposed AU$220 million debt facility.
The original syndicate letter was signed in September 2022, but this improved letter of support in late May 2023 confirmed the syndicate’s ‘fully supportive’ views, including saving the company ‘from incurring the commitment and other fees associated with the proposed AU$220 million debt facilities until the Havieron Feasibility Study is finalised.’)
I presume the above was secured when Omar and Hamza were acting as consultants and securing the finance etc. Along with obviously Callum Baxter they must have made some incredibly useful contacts and especially in the finance world. I think this will hopefully prove incredibly fruitful if and when we need to be going down that route.
If the gold and copper is there as Callum’s indicating and in massive quantities I think we shouldn’t have any worries with approval for the odd loan 😀