Pensana chairman Paul Atherley tackles the immediate questions arising from the company's US$236 million asset-level financing announcement this week. Speaking with Mining Journal's Chris Cann, Atherley provides context around raising money in the current markets, the strategy around the mix of debt and equity, and the timings for development at its Longonjo rare earths project in Angolo now funding is secured.
He goes into more detail around the structure, the terms, offtake discussions and the longer-term implications in a separate interview with Cann https://www.mining-journal.com/resourcestocks/resourcestocks/4180896/pensana-clears-path-forward-asset-level-longonjo-financing.
