15% interest rate on $110 million.
This seems excessively high.
Small business interest rates have hit a 30 year low.
Other mining companies are locking in 9%-11% (and some are lower).
I would hate to see the rate in a high/medium interest rate environment.
Disappointed to learn of this rate.
Lots of repayments to come.
Let's hope the Lithium price holds up.
Gw
Ann: Quarterly Cashflow Report, page-3
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