BSX 2.08% 4.7¢ blackstone minerals limited

Ann: Half Yearly Report, page-6

  1. 632 Posts.
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    Finally we see the loan terms on the R&D advance.

    https://hotcopper.com.au/data/attachments/6034/6034336-53b8819f6b9aeca334d7a12ad5d4e7c7.jpg

    The loan was entered into during Jul 23. Loan term 8 months.

    https://hotcopper.com.au/data/attachments/6034/6034337-7a878a60f55e2bbd536876f898f60b3d.jpg

    $312.7K blown in loan fees and interest for an 8 month advance on 2.8M. Shows how broke they were/are to be spinning this as a great deal for shareholders.

    Don't bother commenting Emmett, it's math.
 
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