RE: March 20255 Mar 2025 11:01
Eloro. You kind of missed a few important milestones achieved along the way.
June 2023 – Financing strategy announced: FSDEA (equity), ABSA (debt lead), Pan-African Development Bank involvement. (RNS)
August 2023 – FEED initiated, geotechnical & process assessments began. (RNS)
Jan 2024 – TMC completes independent due diligence, reviewing 18,000+ cost line items, mine plan, process validation. (RNS)
Feb 2024 – FSDEA commits $15M equity loan, ABSA/AFC structure debt. (RNS)
Jan 2025 – ABSA formally approves $80M credit facility. (RNS)
Feb 2025 – AFC publicly confirms role at Mining Indaba. (RNS)
(shamelessly plagiarised from one of Mumbles posts!)