PROJECT FINANCE

Doray improves access to cash

DORAY Minerals expects a rescheduled debt repayment scheme to free up $A12 million in near-term cash flow without increasing or extending the loan for its Andy Well gold mine in Western Australia.

Justin Niessner
Doray improves access to cash

The schedule, agreed on with Commonwealth Bank of Australia, will result in no charge to the end date of the project facility and cash reserving being stopped from June 30.   Payments will be delayed...

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