15% interest rate on $110 million.
This seems excessively high.
Small business interest rates have hit a 30 year low.
Other mining companies are locking in 9%-11% (and some are lower).
I would hate to see the rate in a high/medium interest rate environment.
Disappointed to learn of this rate.
Lots of repayments to come.
Let's hope the Lithium price holds up.
Gw
Ann: Quarterly Cashflow Report, page-3
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Last
3.1¢ |
Change
-0.001(3.13%) |
Mkt cap ! $9.395M | |||
| Open | High | Low | Value | Volume |
| 3.2¢ | 3.2¢ | 3.0¢ | $7.574K | 244.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 213029 | 3.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.2¢ | 112728 | 1 |
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| Last trade - 12.38pm 31/10/2024 (20 minute delay) ? |
| 1MC (ASX) Chart |