1MC 3.57% 2.9¢ morella corporation limited

Ann: Altura To Undertake A$28 Million Financing Package, page-157

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  1. 13,443 Posts.
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    When the BOD put $15 MIL on the table it tells me a few things first one to have that sort of money in the first place (unless they are bank robbers ) means they are fairly smart guys who should know what they are doing, second they will want that money back and with a large profit.
    The only way that will happen is to get the mine cranked up to full speed and lock in a descent offtake partner, if they don't I don't think anyone will stroll up and give them their money back. That is my take on it.
 
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