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12.5% 3.6¢ morella corporation limited

Ann: Change in substantial holding, page-47

  1. favre
    505 Posts.
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    27/11/19
    16:16
    Post #: 41665701
    Egeria,

    Do I infer correctly that you are suggesting Altura's debt needs to be FULLY amortised over 5 years?

    I think given the mine life here, even with Stage 2, a plausible 5 year "balloon" of around USD75 million would be very achievable, amortising fully over more like 10-12 years.

    Favre
    AJM Price at posting: 5.9¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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