Another massive advantage by using the SK credit rating is the funding cost (interest rate) will be one of the lowest in the market. Not only that. Massive bargaining power. Think about it. You are a lender, you have 20 mines approach you for funding. Which one would you choose? An auz deal backed by SKI or some other cheapie? Every lender will deem SK as low risk. End result? Faster pay down of the loan and time to profit will reduce. I reckon we are about half way through the hopefuls selling out prior to the trading halts. Soon as they are out of the way we should start seeing a progressive increase in the share price.
Hello from FNQ, page-15
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Last
1.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $18.18M | |||
| Open | High | Low | Value | Volume |
| 1.3¢ | 1.3¢ | 1.3¢ | $5.874K | 451.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 23780989 | 1.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.4¢ | 3593683 | 9 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| AUZ (ASX) Chart |