Mate it sounds an awful lot like you just googled 'loan' and 'equity in a company'. Thanks for sharing those search results.
Those of us who don't find it confusing kindly request you work it out in your own time away from Hot Copper. Maybe you should take your own advice and DYOR.
Not surprised to hear you're an ex-holder, all the other muppets so vested in MXC who aren't holders probably are too.
FYI thIs isn't a dck measuring contest but I hold a lot more currently than you did previously (and have held since early 2017), and whilst I appreciate healthy debate, you guys have 'warned' us holders of the peril we face adequately, and we're capable of makIng our own decisions from here. Not quite sure why someone who's admittedly confused is tryIng to warn holders but I appreciate your sense of cIvIc duty.
MXC Price at posting:
5.6¢ Sentiment: Buy Disclosure: Held
(20min delay)