Australia's largest stock trading and investment forum Australia's #1 stock forum

1MC

Click for more information

3.57%

2.9¢ morella corporation limited

Ann: Additional US$15 Million Secured for Altura Lithium Project, page-9

First 9 Last

Share
Profile

Follow
Cashmeoutside

3,096 Posts.

1920

11/09/18

09:23

Post #: 35512157
Share

Good result to avoid a CR IMO - though does place them further into debt. They’ve now got to ramp up to nameplate and refinance off that 15% (noting that the interest rate has increased to 15% on anniversary per the terms of the contract). The interest is now around A$26m per year or $130/t.

Last edited by Cashmeoutside: 11/09/18

AJM Price at posting: 24.5¢ Sentiment: None Disclosure: Not Held
9 Upvote

0 Great analysis

Reply

Top Stories

Trump is President Again: What Does This Mean for Crypto?

CPV

ClearVue inks deal with UK heated glass player to combine solar tech with its offering

3DA

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

AR3

Overland drilling proves promising for Australian Rare Earths' uranium hopes

First 9 Last

Add 1MC (ASX) to my watchlist

(20min delay)
Last 2.9¢		Change 0.001(3.57%)		Mkt cap ! $8.789M

Open	High	Low	Value	Volume
2.8¢	3.0¢	2.8¢	$15.23K	508.1K

Buyers (Bids)

No.	Vol.	Price($)
1	172413	2.9¢

Sellers (Offers)

Price($)	Vol.	No.
3.1¢	523991	8

View Market Depth

No.	Vol.	Price($)
1	172413	0.029
9	421555	0.028
1	384615	0.026
1	35000	0.025
1	41708	0.023

Price($)	Vol.	No.
0.031	523991	8
0.032	38813	2
0.033	8100	2
0.034	269773	1
0.035	153566	1

Last trade - 15.59pm 13/11/2024 (20 minute delay)

1MC (ASX) Chart