Financing ShortfallAnalyst warns a funding shortfall will require additional equity or debt to complete the underground project, increasing dilution risk and balance sheet strain.
Reserves And Mine LifeAnalyst notes reserve reductions and exclusion of some kimberlite zones have shortened expected mine life, lowering long-term production potential and asset valuation.
Rising Capital And Operating CostsAnalyst points out increased pre-production capital and higher operating costs raise the funding required, putting pressure on liquidity and project completion.