Online Questions's questions to Equinox Gold Corp (EQX) leadership • Q3 2024
Question
Questions submitted online asked for more clarity on Equinox Gold's deleveraging plan and timeline, as well as an update on the permitting and expansion plans for the Castle Mountain project.
Answer
CFO Peter Hardie and COO Douglas Reddy responded. Hardie outlined a multi-pronged deleveraging strategy, including retiring maturing convertible notes, aggressively paying down the revolving credit facility with cash flow, and optimizing the maturity ladder of the term loan. Reddy reported that at Castle Mountain, mining is suspended but residual leaching continues. He noted positive engagement with the BLM and the county, with a notice of intent for the EIS review process expected in the new year.