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It's just the beginning for Spenda!, page-10361

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Moxiemoo

676 Posts.

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19/04/23

13:32

Post #: 67355011
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Originally posted by CDO22 ↑

Good question re SPXAM. Answer...: 80.5mio options related to the warehouse, 50% issued on closing, 50% to be attributed pro-rata of usage of the first $25mio. Following the announcement earlier this month, 46.7mio of these options have been issue, so that means 6.35mio attributed for usage, implying just under $4mio drawn. It's not in keeping with the $9mio reported in the previous 4C, and I cannot find anything to explain the discrepancy. The amount of options though suggest that they are still quite far away from a full usage. Re CC, I am not making any specific assumptions there. In my over simplified representation, it comes through as new lending. You can make your own assumptions on non-lending revenues coming through in the previous quarter, through CC or other leads.

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SPX Price at posting: 1.3¢ Sentiment: Buy Disclosure: Held
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It's just the beginning for Spenda!, page-10361

Is oil undervalued?

Collaboration in a green (steel) future the focus for Magnum and Saudi partners

Vmoto sales plummet -50% YoY as weak demand in Europe & China stifles EV scooter sales growth

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GreenX picks up prospective copper project in Germany

Westgold sets its sights on top five producer status through merger with Karora

Commodity house Trafigura funds Develop Global's copper-zinc Woodlawn play with offtake deal in place

Venture to sniff out high-grade REE targets at Jupiter project, WA

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It's just the beginning for Spenda!, page-10361

Top Stories

Is oil undervalued?

Collaboration in a green (steel) future the focus for Magnum and Saudi partners

Vmoto sales plummet -50% YoY as weak demand in Europe & China stifles EV scooter sales growth

Uranium prices on the NYMEX are stable, but ASX uranium stocks are sinking on Friday. The answer lies in Kazakhstan

GreenX picks up prospective copper project in Germany

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Commodity house Trafigura funds Develop Global's copper-zinc Woodlawn play with offtake deal in place

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