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Anglo Asian Mining to accelerate 2018 expansion plans after debt refinancing

Bill Morgan, CFO at Anglo Asian Mining Plc (LON:AAZ), talks through their recent debt refinancing as well as production targets for 2018.

The refinancing will releasing US$8.4mln of capital to accelerate 2018 expansion and optimisation plans, as the principal required for repayment this year will drop to just US$5.1mln from the previous US$13.5mln.

Quick facts: Anglo Asian Mining PLC

Price: 127 GBX

AIM:AAZ
Market: AIM
Market Cap: £145.28 m
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on 16/8/19

2 min read