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.
Hi Pete,The loan from Bolong had interest effective as of the...
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Last
5.8¢ |
Change
0.001(1.75%) |
Mkt cap ! $17.84M | |||
| Open | High | Low | Value | Volume |
| 5.8¢ | 6.0¢ | 5.5¢ | $50.78K | 874.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 18000 | 5.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.0¢ | 74552 | 1 |
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| Last trade - 13.08pm 21/05/2024 (20 minute delay) ? |
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Last
5.9¢ |
Change
0.001 ( 7.27 %) |
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| Open | High | Low | Volume | ||
| 5.9¢ | 5.9¢ | 5.5¢ | 222927 | ||
| Last updated 11.44am 21/05/2024 ? | |||||
| MM8 (ASX) Chart |