Post by
rockingrooster on Dec 14, 2022 11:49am
some updated ( nov30/22) info re Balabag....
digging thru TVI website and noticed Balabag's performance updated as of November 30,2022
As at November 30, 2022, Balabag has completed 32 shipments since start-up of production in July 2021 and 24 shipments in the current year,
Since the declaration of commercial production on November 1, 2021 and through to November 30, 2022, a total of 47,822 AuEq oz have been produced.
TVIRD has to November 30, 2022 made seven (7) payments against the 5-year term loan with China Banking Corporation (“Facility”), each in the amount of US $2.1 million and each including an approximate US $0.2 million of interest, bringing the total principal repaid to date against the US $28.5 million Facility to US $13.3 million.