CBA, NAB standout backers of Dalgaranga debacle also starring Hartleys, Argonaut

MUCH-heralded “tier one” Australian banks NAB and Commonwealth are among the more interesting capital market players featuring in Gascoyne Resources’ much troubled Dalgaranga gold project development in Western Australia.

CBA, NAB standout backers of Dalgaranga debacle also starring Hartleys, Argonaut CBA, NAB standout backers of Dalgaranga debacle also starring Hartleys, Argonaut CBA, NAB standout backers of Dalgaranga debacle also starring Hartleys, Argonaut CBA, NAB standout backers of Dalgaranga debacle also starring Hartleys, Argonaut CBA, NAB standout backers of Dalgaranga debacle also starring Hartleys, Argonaut

Before dirt started going though the mill it all looked very good at Dalgaranga

The two banks were mandated in September 2017 to find A$60 million of debt for the development, with a facility subsequently executed on a 50:50 basis a few months later.

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