The banks are saying we don't believe your figures....
This loan was suppose to be for commissioning cashflow.....
Remember they had enough cash to complete construction.....
But not now...the banks flushed them out......
Now it seems this loan is to repay Ford AND complete construction.....
How much of the extra $250m is for commissioning?????
How much is to complete construction????
Within 4 months LTR have to get independent price forecasts for capex + opex.....
This is going to be very interesting.......
I bet Tony is working very hard for alternative finance to avoid this !!!!!!
ASX Today, page-38930
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96.5¢ |
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Mkt cap ! $2.340B | |||
| Open | High | Low | Value | Volume |
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| 96.5¢ | 275693 | 4 |
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