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Alkane clears decks of debt

Post-Mandalay merger balance sheet improved, but hedging still a drag

Haydn Black
Alkane clears decks of debt

Credits: Alkane

Alkane Resources has deployed a big chunk of change to close out A$45 million in debts and improve its profitability. The debt destruction was enabled by Alkane's merger with Canada's Mandalay Resources...

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