Sep. 8 at 7:59 PM
$VGZ here is a look at where Mt Todd financing may come from:
Remember that the new Mt Todd design requires only about
$425 million of initial capital. That's dramatically easier to finance than the old billion-dollar-plus project.
A hypothetical package might look something like:
Source
Illustrative amount
NAIF
$100M
Commercial project-finance banks
$200M
Equipment/vendor financing
$25M
Vista cash/equity contribution
$75M
Contingency/other facility
$25M
Total
$425M
Vista had
$49.5 million cash and no debt at June 30, 2026. So it is starting from a clean balance sheet.
