GoviEx progresses Muntanga project financing
TSX-listed GoviEx Uranium has taken the first step in securing project financing for its Muntanga uranium project, in Zambia, by appointing Endeavour Financial as its financial adviser. Muntanga is a near-term uranium project with well-established export routes to potentially both Western and Eastern markets. The Muntanga project boasts a net present value (NPV) of $243-million, a 20.8% internal rate of return and a rapid 3.8-year payback.
TSX-listed GoviEx Uranium has taken the first step in securing project financing for its Muntanga uranium project, in Zambia, by appointing Endeavour Financial as its financial adviser. Muntanga is a near-term uranium project with well-established export routes to potentially both Western and Eastern markets. The Muntanga project boasts a net present value (NPV) of $243-million, a 20.8% internal rate of return and a rapid 3.8-year payback.
