Ok let's go worst case scenario.....AJM folds. with debt of around $245 million. they sell the mine, make 1/4 of that, pay it and then still a massive debt wiped by insolvency. Lenders get nothing. IMO
Or, lenders reduce interest rates, ensuring at least 10 years of cash flow, profits I might add.
That's IMO where it's at. It's in their interest to negotiate, not play hardball?
Ann: Extension of Voluntary Suspension, page-509
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Last
0.3¢ |
Change
0.001(20.0%) |
Mkt cap ! $18.53M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.3¢ | $3.621K | 1.257M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 121 | 181496973 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 20055545 | 43 |
| Last trade - 15.53pm 04/07/2024 (20 minute delay) ? |
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