Troubled restart of Savannah forces new debt deal

PANORAMIC Resources is getting on top of a host of problems with the restart of its Savannah nickel project in the East Kimberley, but has been forced to renegotiate its $40 million project finance agreement with Macquarie Bank.

Troubled restart of Savannah forces new debt deal Troubled restart of Savannah forces new debt deal Troubled restart of Savannah forces new debt deal Troubled restart of Savannah forces new debt deal Troubled restart of Savannah forces new debt deal

Problems have dogged the restart of the Savannah nickel project.

A lengthy list of problems has slowed the restart of Savannah, which was placed on care and maintenance in November 2015 before nickel prices found new life with the rise of battery metals.

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