But you are exaggerating and now you’re also whimpering, which is ridiculous given it’s us, ACTUAL SH’s, that’s taking the hit from the SP.
Mondy, quoting you verbatim
“Even if operations turn around spectacularly that’s a lot of debt due in a short amount of time”. - That’s an exaggeration even by your figures.
They have to pay the Taurus drawdown next quarter of $11,000,000 - if you’re suggesting they won’t generate enough revenue/net profit to do so throughout these next three months, then SAY SO, otherwise as I said, you’re just exaggerating.
New hope is a 24 month term facility, essentially expiring in the middle of next year. It’s purpose for the drawdown is clearly outlined in this Ann
https://hotcopper.com.au/threads/ann-execution-of-funding-arrangements-to-fast-track-burton-mine.6803323/Again, if you think, the company would not have generated enough revenue by that time to repay that figure, then specifically say so…you’re deliberately misleading the forum and it’s not acceptable!
