You are right the most recent loan was USD$35M, but they already had two loans from Shangdong. Total Shandong debt is about $85M AUD.
See extract from FML announcement below.
Agree with you that market will remain skeptical until FML puts up some reasonable operational data. Given project progress to date in a fairly challenging environment I'm confident, but have been wrong before and will be again.
Ann: Focus to Commence Production at Coolgardie, page-25
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12.5¢ |
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Mkt cap ! $35.81M | |||
| Open | High | Low | Value | Volume |
| 13.5¢ | 13.5¢ | 12.5¢ | $6.335K | 47.44K |
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| No. | Vol. | Price($) |
|---|---|---|
| 5 | 198192 | 12.5¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 14.0¢ | 67030 | 2 |
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