Lake Way is one of the most advanced SOP development projects globally and the A$300m financing is a major milestone to pass. The SFA incorporates no refinancing restrictions after 18 months, giving Salt Lake the potential to refinance this relatively expensive debt and flexibility to utilise non-dilutive financing options for early works at its next lake development. A trade-off study is currently underway with a decision on the next lake development expected in the first half of 2021 and the m ....
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Cenkos: Salt Lake Potash Ltd -- Lake Way funding
- Published:
12 Aug 2020 -
Author:
Will Dymott -
Pages:
10
Lake Way is one of the most advanced SOP development projects globally and the A$300m financing is a major milestone to pass. The SFA incorporates no refinancing restrictions after 18 months, giving Salt Lake the potential to refinance this relatively expensive debt and flexibility to utilise non-dilutive financing options for early works at its next lake development. A trade-off study is currently underway with a decision on the next lake development expected in the first half of 2021 and the m ....