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Cash returns and schedule resolve behind Tietto's equity switch

TIETTO Minerals' decision this week to eschew a debt facility with Taurus Mining Finance in favour of raising A$130 million in equity to complete its US$200 million Abujar gold project development in Cote d'Ivoire stunned the market.

Haydn Black
Tietto is getting down to business

Tietto is getting down to business

Speaking at the NWR Near Term Producers Conference, executive director Mark Strizek explained the sudden strategic switch was primarily about sticking to a schedule of pouring its first gold before the...

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