With their current asset position they won't need to do the same level of payment they did to deustche bank. That 16mil facility cost around 18mil in 1 year (some due to interest which was calculated upfront and some due to the price of gold being higher than the agreed price).
I think they'd be better off doing a cash loan at 6-7% interest (pa) than do another gold credit loan. could get lower than that I'd expect currently too, depends on the terms they can negotiate.
With their current asset position they won't need to do the same...
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Last
$2.15 |
Change
-0.040(1.83%) |
Mkt cap ! $2.466B | |||
| Open | High | Low | Value | Volume |
| $2.16 | $2.17 | $2.13 | $7.211M | 3.358M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 38578 | $2.14 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.16 | 217775 | 7 |
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| Last trade - 16.10pm 09/09/2024 (20 minute delay) ? |
| RMS (ASX) Chart |