Financial StabilityLiontown Resources Ltd. has secured a new A$550mn debt facility which will bridge the funding gap to future free cash flow generation.
Funding And LiquidityFollowing funding completion, LTR's total liquidity is estimated to stand at ~A$1.1bn, which is expected to fully finance remaining development capex and working capital requirements.
Project DevelopmentThe Kathleen Valley project remains on schedule and budget to commence first production, which is anticipated to contribute positively to the company's prospects.