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Stock impact report

Caledonia Mining (CMCL) Taps US$150 Million Convertible Bond: Strategic Shift in Risk or Opportunity? [Yahoo! Finance]

Caledonia Mining Corporation Plc Common Shares (CMCL) 
NASDAQ:AMEX Investor Relations: caledoniamining.com
Company Research Source: Yahoo! Finance
in Zimbabwe, marking the country's largest overseas fundraising in almost a decade and attracting very large demand from U.S. institutional investors. This financing underpins a planned large-scale gold operation at Bilboes, with production targeted to start in the late 2020s and continue for at least a decade. Next, we'll examine how this US$150,000,000 convertible bond financing could influence Caledonia Mining's investment narrative and risk profile. Outshine the giants: these 24 early-stage AI stocks could fund your retirement To own Caledonia Mining today, you really have to buy into a two-part story: a steady, dividend-paying Blanket Mine and a much more ambitious, long-dated Bilboes build-out in Zimbabwe. The new US$150,000,000 seven-year convertible bond is a big moment in that story because it largely answers the “how will they fund Bilboes?” question without immediately issuing a lot of equity. That can shift near-term catalysts away from funding uncertainty and towa Show less Read more
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