SAS 0.00% 1.6¢ sky and space company ltd

not true. banks lend to mines before they've hardly broken the...

  1. 82 Posts.
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    not true. banks lend to mines before they've hardly broken the earth and are years away from revenue.

    if you've done a corporate debt financing with banks you'll know they don't need revenue. but on a project like this where space is involved I think they'll get some pretty expensive debt with onerous covenants.
 
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