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0.00% $4.69 saracen mineral holdings limited

Agreed great result!!Only q i have is why draw down $45m from...

  1. Gomez-42
    31 Posts.
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    28/04/20
    08:47
    Post #: 44292264
    Agreed great result!!

    Only q i have is why draw down $45m from the debt facility 'to maximise cash reserves'?!

    When you have $340m in cash and cash reserves is that necessary? Could it be a dividend will be paid and the $45m is a back up just incase?
    SAR Price at posting: $4.56 Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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