Agree @boysy1 10% is pretty good considering the risk. I would rather pay that anyday than be forced to CR at these levels.
Given KBC just got a large cash injection things between KBC and MEL may calm down a bit into the new year.
In a perfect world MEL can drag out KBC finance for another few months and then re-finance with some more Odin-1 production under their belt.
Next qtrly will give us all some more direction.
Ann: Loan Note Update - Keybridge, page-10
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