BML 6.98% 9.2¢ boab metals limited

BML Chart, page-2578

  1. 5,804 Posts.
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    I agree cash is an issue. But the advise is that they won't be raising anytime soon.

    So the banks are not financing in the current situation. I have explained why they won't. not sure what else to tell you.

    My son works for ANZ. They have pulled the reins on everything. Hardly anyone is getting any sizeable funding packages due to global risks

    So yes they have to rejig things so that sit better with the banks. Eg fixed price contracts. And Sue parts of the project being rejigged to make it I suppose less risky Eg Increasing Norton - better metallurgy etc. None of this was needed a few years back. Now it is. All that takes time.
 
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