One other point about the "loan" from RCF is that should BMN fall below $3 million in working capital it will have breached its loan and RCF may then call the title to the 80% of BMN Namibia Pty Ltd that BMN has put up as security for said loan.
This tapping of the market may put such a scenario beyond easy reach, consistent with Jubber et al now running things.
One other point about the "loan" from RCF is that should BMN...
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Last
$2.80 |
Change
-0.040(1.41%) |
Mkt cap ! $492.1M | |||
| Open | High | Low | Value | Volume |
| $2.80 | $2.85 | $2.74 | $790.3K | 283.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1250 | $2.79 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.80 | 669 | 1 |
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| Last trade - 16.10pm 30/07/2024 (20 minute delay) ? |
| BMN (ASX) Chart |