PROJECT FINANCE

Peel reloads cannon for South Cobar development decision

WITH continued good hits from drilling across multiple discoveries in the Cobar Basin, Peel Mining has decided to capitalise on the recent rally in the copper price.

Peel reloads cannon for South Cobar development decision

The company is seeking up to A$32.2 million at 26.5c, a discount to its prior closing price of 31c, with the fresh equity expected to cover the costs over the next two years to get its South Cobar project...

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