CAPITAL MARKETS

Gascoyne closes in on financing

GASCOYNE Resources is aiming to have debt funding in place by the end of January for its Dalagranga project, with debt providers “aggressively pitching” to the budding gold developer.

Michael Quinn
Gascoyne closes in on financing

Gascoyne managing director Mike Dunbar told MNN that while a 60:40 debt-to-equity ratio was possible for the $A86 million project, the company had been advised up to $70 million in debt was achievable....

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