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3.23% 3.0¢ morella corporation limited

Ann: Altura Completes US$110 Million Senior Secured Debt Facility, page-45

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  1. cassidav
    704 Posts.
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    28/07/17
    11:40
    Post #: 26137596
    Whilst I am happy to have funding finalised I am disappointed given our mine development progress that PLS got funding at 12% and we are funded at 15%. Especially given we have been "mulling" over several offers for a couple of months.
    Having said that if we make our commissioning targets this debt will be paid off for less dilution than a large capital raise.
    AJM Price at posting: 16.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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