1MC 8.89% 4.9¢ morella corporation limited

Ann: Extension of Voluntary Suspension, page-128

  1. 889 Posts.
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    All I'm saying it is perfect timing to resolve STAGE 2 while negotiating the REFI. May have been carried away but in my mind it is good as done. Getting a lower interest rate true is an accomplishment by itself. But REFI as status quo is just treading water.

    Without STAGE 2 in the mix the deal is under utilizing the Li mine, hard assets, and people. For the bankers their investment would, with higher profit margins, make for a better deal. Win win.

    BCNU


 
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