Have only just come across AHQ and doing some DD / initial fact gathering. Sorry if im asking some random Qns im trying to get my head around this news - can someone tell me if ive got it right...:
-Marco provided a $30m secured debt facility already -now this has been increased by $10m to $40m over 3 years -the interest rate is 14% pa paid monthly -the loan will be paid off at the end of the 3rd year in a single amount (extra fees apply if paid early)
the loan is secured by an offtake deal with Marco whereby: -40kt per month delivered to port (20kt from both new elk and BWM - blended) -Marco will pay $220USD p/t (a significant discount to spot) thats 8.8m USD per month....or $105m USD pa
Whats the COGS inc delivery here ?
40kt per month delivered from both new elk and BWM. How much is left over able to be sold on the spot market?
AHQ Price at posting:
11.3¢ Sentiment: None Disclosure: Not Held
