Ok lets put it in numbers. Lets say they draw down $50 million in this quarter.
Establishment Fee - $1.75 mil
Interest 2 year - $15 mil
So after two year they paid almost $20 mil to SOL. Now if things are working as expected and they run 3 working and cash generating mines then generating extra $20 mil in two years should not be that hard.
As usual this is not advice just my opinion and DYOR.
Ann: CORPORATE UPDATE AND FY24 GUIDANCE, page-61
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