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4.2¢ magnis energy technologies ltd

Ann: Long Term Suspended Entities, page-27

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GT55

4,523 Posts.

1519

16/07/24

14:05

Post #: 74775348
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Originally posted by Slogger: ↑

good pick up - but i see that the registration end time is 15 July 2049 - 25 years from now - holy cow wonder what the terms on this are including interest/capitalisation of interest and wonder if top 20 got their full ridiculously monthly interest on their loan paid in full!

interesting to see what the amount of this loan is - surely can't be tens of millions that Chup suggetsed was on its way that could get the mine construction under way?????

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I doubt it, it is the approx $6mill to cover the December debt and interest bill.

MNS Price at posting: 4.2¢ Sentiment: None Disclosure: Not Held
5 Upvote

0 Great analysis

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