HAS 9.52% 23.0¢ hastings technology metals ltd

Ann: London Mines and Money Presentation Updated, page-18

  1. 1,382 Posts.
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    you are wrong and @Jgr64 is correct regardless of what the title of the press release says. it was a loan that needs to be paid back with interest (obv) it was not a corner stone investment and you are right twiggy expects big returns from his loans/investments and if he just so happens to destroy this company with debt who do you think will come and snap up the asset for cents on the dollar ?? thats right twiggy will. not so good for share holders but a fantastic outcome for twiggy. if RE prices turn around and everything swings upwards you should be fine if not twiggy gets this for cents on the dollar. debt kills especially for a preproduction/cashflow company.
 
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