As announced on 14 March 2023 the company had entered into new bridge loan facilities of ZAR 285 million with its major shareholder, the ARC Fund, to meet immediate cash requirements at Elandsfontein. The first draw down on the loan for an amount of ZAR 25 million was made on 14 March 2023, a second draw down for an amount of ZAR 90 million was made on 28 March 2023, and a third draw down on the loan of ZAR 30 million was made on 25 April.

Emily Thomas
Deputy Editor
Emily joined Palladian Publications in October 2019 after graduating from the University of Birmingham with a degree in English Language. She is now working as a Deputy Editor for World Fertilizer and Oilfield Technology magazine.
Outside of work, Emily enjoys going to gigs, sipping on cocktails, and adding to her ever-expanding collection of houseplants and cacti.



