AGY 7.50% 7.4¢ argosy minerals limited

Ann: Quarterly Cashflow Report - June 2023, page-21

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    Again, how does Puna pay that back without a customer? Until they have a customer, the loan doesn’t get paid back. Any way you look at it, available capital is now $7.2 mill lower. And if we don’t secure a customer this quarter, there’ll be another loan to Puna, and then another. What happens if AGY has to provide Puna with another couple of similar size loans?

    That’s right, cap raise.
 
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