TIE 0.00% 67.5¢ tietto minerals limited

Ann: A$130M Placement to Accelerate Abujar Gold Project, page-32

  1. 8,497 Posts.
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    The interest rate on the loan would have been at least 10% p.a.
    So the NPV at 5% has increased for two reasons:
    * build cost savings
    * expensive finance replaced by equity.

    We now all own a smaller share of something larger.

    I topped up today, averaging up.
 
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