Nedbank Limited advances steps to finance Tumas Project
CHAMWE KAIRA Deep Yellow, which is developing the Tumas uranium project, has continued to work closely with its mandated lead arranger, Nedbank Limited, to progress the financing strategy for Tumas. The company disclosed that completion of the Independent Technical Expert review satisfies the lenders initial due diligence requirements. Nedbank is now waiting on Deep Yellow […]
CHAMWE KAIRA
Deep Yellow, which is developing the Tumas uranium project, has continued to work closely with its mandated lead arranger, Nedbank Limited, to progress the financing strategy for Tumas.
The company disclosed that completion of the Independent Technical Expert review satisfies the lenders initial due diligence requirements.
Nedbank is now waiting on Deep Yellow to advise the required debt facility amount, which will be determined as part of the optimal funding structure closer to the Final Investment Decision (FID).
