Ann: AUD50M Secured Offtake Prepayment Facility for Nifty Copper, page-183

The only problem with sitting tight is nothing happens and costs continue, will Baz take a pay cut, when money runs out tgen he will sell the concentratir to pay bills and wages including his own. I remember Be az saying in one interview, I think it was the something cafe that lenders inly wanted to lend $300 million but Baz wasn't interested in that and only wanted $200 million and that was before any rate rises now we are talking $250 million! what only $50 million difference. I would have taken the $300 million and locked it in for 3 years and by the time that had expired and renewed at a higher rate CYM would have been producing with a cash flow and the SP would have hit over $1, yes I know thats in hindsight but I am sure we all knew cash rate was not going to stay at .10% as it was a pandemic, This is why I believe lenders wanted to lend $300 million due to rates being so low, 3 years later CYM could have returned most of the money and only held onto $50 million as a float since there would have been a cash flow. My question to Baz is, "if so at what rate were you offered the $300 million"