Strandline and Nedbank finalising Fungoni finance facility

PRIVATE equity-backed Strandline Resources has signed up on a finance facility with Nedbank for US$26 million in respect of the planned circa $35 million Fungoni mineral sands development in Tanzania.

Strandline and Nedbank finalising Fungoni finance facility Strandline and Nedbank finalising Fungoni finance facility Strandline and Nedbank finalising Fungoni finance facility Strandline and Nedbank finalising Fungoni finance facility Strandline and Nedbank finalising Fungoni finance facility

Strandline getting closer to having the funding to produce this sort of stuff in Tanzania

Strandline said "strategic partnering discussions" aimed at securing the balance of the funding "are advancing".

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