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.
Ok lets put it in numbers. Lets say they draw down $50 million...
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Last
17.0¢ |
Change
-0.010(5.56%) |
Mkt cap ! $164.4M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| 28 | 2080865 | 17.0¢ |
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| Price($) | Vol. | No. |
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| Last trade - 16.10pm 29/08/2024 (20 minute delay) ? |
| AIS (ASX) Chart |