1MC 0.00% 0.3¢ morella corporation limited

And if they had not taken on the debt where exactly would they...

  1. 307 Posts.
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    And if they had not taken on the debt where exactly would they be? doing cap raisings to pay amdinistration and managment costs with no mine and no prospects. The sp would be closer to 1 cent. Here we are waiting to take off as soon as spodumene prices recover and they will, even now at full name plate with floor prices intact with an absolute premium grade product , we are in a position where we can service the debt and soon will be able to pay principle off as well. Id sure hate to have someone like you with no vision running my company, these men have done a fine job. Read todays anouncement, debt to be refinanced this year. Try and put a negative spin on it all you like but no debt would equal no company.
 
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