MOY 0.00% 5.1¢ millennium minerals limited

The loan is $27.5m plus interest and expenses.The plant is going...

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    The loan is $27.5m plus interest and expenses.

    The plant is going into C&M.

    Question is - will the company be able to raise funds via equity, or restructuring the debt, or will IMC end up selling its secured assets (such as plant, equipment, etc) to recover its loan.

    It will undoubtedly take time to pick apart, you never know how it will pan out.

    Someone may take over IMC's debt and submit a DOCA that takes a big whack of the company, for example.
 
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Currently unlisted public company.

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