Yes, fickly Australian banks indeed!
JRSelvedge, are you deliberately misleading the readers in this forum by planting knowingly false information? Or are you just ignorant?
Clean Energy Corporation was not the main lender in the slightest. What utter nonsense you are touting. It was a syndicate made up of Commonwealth Bank, NAB and Societe Generale. Clean Energy Corp was a part of it, but the banks wore the pants.
https://www.ltresources.com.au/latest-news/kathleen-valley-debt-facility-agreement-executed/
Fickly, cut throat banks that only care about a reliable cash flow to service their debt facility was the last thing LTR needed in a situation of significant price uncertainty.
Secondly, who said the syndicate withdrew the funding? The terms of the funding by the syndicate became unattractive – which is the point of the article I pointed out to you above, with the interview of Liontown's Chief Commercial Officer.
Equity was needed. Not debt financing.
Yes, fickly Australian banks indeed!
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83.5¢ |
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Mkt cap ! $2.024B | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
|---|---|---|
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| Price($) | Vol. | No. |
|---|---|---|
| 83.5¢ | 338091 | 8 |
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