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2.78% 7.4¢ hillgrove resources limited

Ann: Funds From $6m Royalty Funding Received, page-5

  1. foyt
    1,246 Posts.
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    31/08/22
    11:34
    Post #: 63430009
    Posing a hypothetical -
    If freepoint accepted that the $6mill could be used to pay interest on a finance package (which after all, amounts to expenditure on mine development anyway).
    Could this cash secure the total borrowing required to get up and running by way of covering interest - even pre paid ?
    Our discussion with the finance provider that had previously got to all bar sign-off must surely be bolstered by this cash injection.
    HGO Price at posting: 4.2¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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