According to the report, the THL group has raised US$600mn in equity and US$782mn in debt since FY22-23. "This is nearly three times the amount required to complete the US$466mn Gamsberg Phase 2 project and more than double the combined cost of Gamsberg Phase 2, the US$200mn Skorpion smelter conversion, and the US$37mn Gamsberg Magnetite plant."

Inside story of the National Stock Exchange’s amazing success, leading to hubris, regulatory capture and algo scam

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