LMG 12.5% 3.6¢ latrobe magnesium limited

Ann: LMG finalises term sheet for $23M of project funding, page-32

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  1. 12,050 Posts.
    lightbulb Created with Sketch. 680
    Without the finance they will go nowhere.
    The company imo would have taken into account the speed necessary to get the finance.
    The interest rate really is pretty immaterial as they are in a great position to pay down the loan.

    I think this will pan out to be a shrewd move by management.
    Onwards and upwards as far as I am concerned.
    Please dyor and GLTAH's
 
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