MYG 1.41% 72.0¢ mayfield group holdings limited

looks like finance is secured, page-16

  1. V8
    10,794 Posts.
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    Umm thats the point of having two resolutions, one will be withdrawn as details of the deal will be known by the meeting date.

    Rest assured the interest rate will be spectacular but so is the risk assumed by the lender but more importantly for us NO MORE DILUTION

    As to the pay rise. Unusually for me( go back through my posts on other spec stocks regarding management pigs with snouts in trough) Im not unwilling to go with the management request on this, they have shown themselves capable of delivering suitable outcomes in a very challenging environment to date and if they say its necessary, Im inclined to let them have their way for the time being.

    Keenly awaiting the northern extension drilling, with a few more intercepts of 153g/t Au and 13.3 Cu. The entire deflector deposit to date could turn into an entre and we would be sitting on something truly outstanding.
 
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