Alphamin has announced the signing of a definitive credit agreement for US$80 million of debt financing for the development of the Bisie Tin Project, and provided an update in respect of its overall financing plan and ongoing construction activities. This represents a key step towards financial completion and first production from a world-class operation in early 2019. Re-visiting our valuation numbers, we maintain our target price of C$0.60/share.
13 Nov 2017
Comment: Debt Funding Secured
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Comment: Debt Funding Secured
Alphamin Resources Corp. (AFM:TSX) | 0 0 0.0%
- Published:
13 Nov 2017 -
Author:
Tamesis Research Team -
Pages:
10
Alphamin has announced the signing of a definitive credit agreement for US$80 million of debt financing for the development of the Bisie Tin Project, and provided an update in respect of its overall financing plan and ongoing construction activities. This represents a key step towards financial completion and first production from a world-class operation in early 2019. Re-visiting our valuation numbers, we maintain our target price of C$0.60/share.