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1.9¢ mpower group limited

Yes, my biggest concern with them as always the potential to go...

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Esquatcho

1,407 Posts.

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23/08/23

13:23

Post #: 69501628
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Originally posted by samstunning: ↑

Frankly I am amazed they have been able to secure the financing from AMPYR. It's relatively expensive because it covers 100% of project construction costs so that MPR does not need to contribute its own cash. Once a project is completed and commissioned, MPR can refinance at a significantly lower funding cost, and move on to building the next project with funds from AMPYR. They just need to get the ball rolling now by completing the first project - the other projects will then follow and a portfolio will be built over time. The train has started IMO but of course things will take time to play out. All IMO and GLTAH.

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Yes, my biggest concern with them as always the potential to go broke before they can make a decent dent in the projects. It still might happen, but the refinancing and the AMPYR cash definitely alleviates some of my concern, so I've tentatively started buying again.

MPR Price at posting: 2.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 1.9¢		Change 0.000(0.00%)		Mkt cap ! $6.53M

Open	High	Low	Value	Volume
1.9¢	1.9¢	1.9¢	$9	484

Buyers (Bids)

No.	Vol.	Price($)
7	416304	1.9¢

Sellers (Offers)

Price($)	Vol.	No.
2.0¢	172648	3

View Market Depth

No.	Vol.	Price($)
7	416304	0.019
1	50000	0.018
6	45704	0.016
0	0	0.000
0	0	0.000

Price($)	Vol.	No.
0.020	172648	3
0.021	323809	2
0.023	122998	2
0.024	81000	2
0.025	100244	2

Last trade - 10.04am 03/05/2024 (20 minute delay)

MPR (ASX) Chart