Not sure why this was needed as it hugely cash generative and just sealed a similar deal for 15 million. But here are some of the reasons top of my head.
Want to update resource estimate and getting ready to pay barrick 20 million per 1,000,000 oz declared.
Paying off gold repayments early.
Advancing stage 3 mine development early
increasing exploration of target sites nearby by a large amount.
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