Hi Pete,
The loan from Bolong had interest effective as of the date of listing. Please see below for an extract from the 2021 annual report and prospectus:
Prospectus:
Annual Report:
As @judd85 mentioned, I'd guess Bolong would want to take shares in lieu of being repaid when the mine progresses towards development - without speaking to them directly, would be hard to get a handle on their intentions but that's my guess.
Great to see some additional interest here also @PetrStiff - certainly feel the market is overlooking MM8 at the moment.
Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-4
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Mkt cap ! $16.61M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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