A40 0.00% 8.2¢ alita resources limited

One of the strategic review mentioned:"A review of the...

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    One of the strategic review mentioned:
    "A review of the longer-term capital management options to support Company’s longer-term strategy, including a review of the Lithco Facility"

    IMO. This seems to suggest getting a bigger loan facility to pay off the A$40m Tribeca debt. It would then buy us time to finalise the Hydroxide JV agreement, secure other offtakes, and build the fines circuit. We would then probably have a similar size loan to our producing peers.

    We have a history of getting bigger loans to pay off smaller ones (relatively speaking).

    From Quarterly Cashflow Report:
    https://hotcopper.com.au/data/attachments/1660/1660477-4a28af8fd23a3b97e46153b549b7619d.jpg
    Last edited by UY Scuti: 29/07/19
 
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