TER 2.33% 21.0¢ terracom limited

Good to see increases in production but the terms of the loan...

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  1. 1,585 Posts.
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    Good to see increases in production but the terms of the loan renegotiation are a worry.

    They defer the loan repayment for 9 months on a us $7 mill facility at the cost of us$15 million royalty (us $2 x 1.5 m tonnes x 5 years).

    Surely there is an error in my reading of this?
 
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