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What did people make of the Nebari funding ?Seemed like “loan...

  1. icebear
    86 Posts.
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    02/02/22
    11:16
    Post #: 59296441
    What did people make of the Nebari funding ?

    Seemed like “loan shark rates”
    Borrowed US$8.9M late 2021
    Repay $11.48M in May 2022
    Thats a heck of an annualised rate..

    I understand that in 2020 before permitting and production restart with uncertainties… but disappointed seeing finance costs like that now.

    I know coal finance is harder than it used to be …but that looks like more than high risk equity returns for bond type low risks
    AHQ Price at posting: 55.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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