BRU 2.25% 9.1¢ buru energy limited

Ann: Half Year Accounts, page-2

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    Only thing I could find of note was in regards to the debt with Alcoa.

    bruborrow.png

    The total owing, after the $5m payment in July, should mean BRU owes approx $7m. The 8.25% interest rate is a tad high, I wonder if it would be better to simply pay it out right now...?  or pay it out and replace it with a lower rate loan with a major bank? If we are going to build the tanks eventually, why not get a facility in place anyway.
 
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