Lol, no one has stated that NAIF funding is a guarantee.
The fact that STA had had major issue with their commissioning of Coburn would be enough to make NAIF sweat and ask for greater risk control.
What the company is doing is for the benefit of holders.
Every company is currently struggling to obtain finance, it's not an isolated issue to Boab.
The harder is is to obtain finance means that new mines won't be getting built and will create an even larger shortage of commodities. Prices will go even higher.
The company is not distressed, you stated the company had solvency issues and had only 2 million. The company has clarified they have 3, so you were telling porkies!
The likelihood of insolvency isn't high, more porkies!
But what more would we expect from a pig with his snout at the trough, telling porkies to get people to sell as low as possible so he can fill up his snout
Ann: Sorby Hills Progress Update, page-48
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add BML (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
9.7¢ |
Change
-0.003(3.00%) |
Mkt cap ! $22.63M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 10.5¢ | 9.6¢ | $112.4K | 1.123M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 13875 | 9.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 9.8¢ | 20000 | 1 |
View Market Depth
| Last trade - 16.10pm 19/06/2024 (20 minute delay) ? |
| BML (ASX) Chart |