This is significant and will obviously assist MIN casflow immensely. I'm guessing the special terms that MIN receive i.e. 80% of JV rather than the equity 60%, will last until debt is repaid. Do you have or can you point to a source where we can get more specifics on this as there must be some scaling back to 60% over time, as principle is repaid???
I agree with you, as long as the road services the stated deliveries to port, the project cashflows easily cater for debt servicing, etc etc. I only wish I had access to capital to really load up, while the market and it's players devalue the future value.
MIN Price at posting:
$21.36 Sentiment: Buy Disclosure: Held
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