A40 0.00% 8.2¢ alita resources limited

A40 losing since 5 years, TAW now in their spiral!, page-89

  1. 1,722 Posts.
    lightbulb Created with Sketch. 408
    I was referring to Atlas situation and loans occurred during IO boom not year 2018 as in your copied story.
    As for A40 $60M loan ( as per your post) it will be a loan once all money are pulled out.
    There is a difference between loan facility and loan.

    I was away before and during Festive Season so perhaps something has changed but to my best knowledge A40 organised $40M loan facility and previous $ 5M loan will be repaid next month and the $15M allocated to stage 2.

    Happy if you can provide proof that A40 is currently paying interest on $60M loan.
    At least is less than half what some other lithium miner is paying.

    At the end, we will get those figures in coming weeks for all miners in question.
 
watchlist Created with Sketch. Add A40 (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.