“Transamine SA have loaned CYM $50mil at "commercial rates" just so they can get access to copper at market rates? ... Ha! ”
Commercial rates is a description of the rate charged based on the purpose of the lending itself. In this case commercial purposes. Anyone working at a bank for 6 months will know this.
I don’t need to research this concept, As I have a career in it.
to then obtain a market price for the commodity sold is completely standard. I mean really what else would you expect, 20% above market?
you are conflating “commercial” finance rates with the price CYM will receive for copper based on being a “market” price and insisting that there is something untoward going on. It’s not,
The problem for you BW is that when you are called out on your BS you don’t have the grace to admit error or perhaps take a step back, instead you double down on your first erroneous comments, which says all anyone need to know.
And yes you are off ignore, you need to be held to account.
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