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0.00% 3.0¢ morella corporation limited

Ann: Additional US$15 Million Secured for Altura Lithium Project, page-6

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  1. col69
    15,683 Posts.
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    11/09/18
    09:21
    Post #: 35512073
    Disappointing that they couldn't refinance cheaper, but not surprising given we still haven't generated revenue .... sadly it looks like we may be letting our offtake partners dictate terms to to us (E.g. Extended shipping date to suit them)

    That said this leaves no alternative to shorters but to buy back shares on market as we ramp up to nameplate......
    Last edited by col69: 11/09/18
    AJM Price at posting: 24.5¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 10  Upvote
    lightbulb Created with Sketch.  Great analysis
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