MAT 3.13% 3.1¢ matsa resources limited

Hey Redfrog, what makes you so sure that the debt will be paid...

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    Hey Redfrog, what makes you so sure that the debt will be paid back this month. My money is on MAT either extending the debt or renegotiating. Surely the owners of the debt are enjoying a 12% return on the loan. They may be able to increase the return if the debt is renogotiated. i guess this all depends on how desperate Matsa may be.

    Also
    Thailand Lithium/Lake Carey/Paraburdoo/Koorabooka are mentioned in the quarterly report. $350,000 spent on exploration in the June quarter and as stated, less will be spent this quarter.

    "Exploration expenditure is expected to be lower compared to the June quarter" - From section 8.8.1

    Where will the <$350,000 be spent?
 
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