Investor Presentaiton
Debt Repayment Schedule
Existing Debt
Conventional Facility and MMQ
(excl. amortized costs)
Repayment Schedule
(US$ Mn)
400
Outstanding Balance
Interest Rate
(as at 30th June 2021)
Tenor
(Years)
Maturity
Date
US$367mn (1)
LIBOR JIBOR + 4.00% (1)
5.0
2025
127
68
68
68
273
205
137
69
2020
2021
2022
Debt Position (end of year)
Note:
(1) In early July 2021, a portion od Debt amounted to US$59.3mn had been paid from the IPO proceeds.
(2) Project life coverage ratio = Remaining free cash flow up to Life of Mine (LOM) + ending cash balance for the period ) / net debt.
(3) Ratio is based on JORC Compliant Ore Reserves / Ore reserves at the Maturity date up LOM.
2023
Debt Repayment Schedule
Covenants
Total debt/EBITDA < 3.0x
DSCR > 1.1x
Project life coverage ratio (2) > 1.25x
Ore reserve tail ratio (3) > 20%
69
69
2024
2025
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