Assuming my rough notes are correct and Mr Ransley is not telling porkies, If they put nothing upfront, they will pay either $3.5m per month over 7 years or $4.5m per month over 5 years. Which if over 5 years would be $57m in interest payments at 9.9% or $82m interest over 7 years. Hopefully they keep their cash and dont need to forkout much of an upfront payment.
I assume OCP will accept the new interest rate on their 80m loan.
I read somewhere, but can't find the article, that they are considering financing from industry and not a finance house.
Something along the lines of a larger company taking a stake. Anybody heard this?
Ann: South African Business Operations Management Control, page-20
-
- There are more pages in this discussion • 11 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add TER (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
21.0¢ |
Change
0.005(2.44%) |
Mkt cap ! $168.2M | |||
| Open | High | Low | Value | Volume |
| 20.5¢ | 21.0¢ | 20.0¢ | $149.4K | 728.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 495856 | 20.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.0¢ | 700416 | 7 |
View Market Depth
| Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
| TER (ASX) Chart |