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NM $1mil twelve month interest free loan please.

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trollthedice

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12/10/19

07:44

Post #: 40848335
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Originally posted by ChristopherC ↑

I actually like the fact that they have identified improvements that they can make to the plant and also mentioned that sorter we heard so much about. This what a proper mining company does and it appears they will spend a dollar to make a dollar, so looking up.
My major concern is how to fund these improvements. There usual style of funding via a CN isn't going to cut the mustard. I would rather a standard loan with say a 12 to 15 % interest rate with interest payments every 6 months, so that they know what they are up for than a CN. Who knows maybe a lender can give them even better rates .Also a credit raise at 0.02 will cause substantial dilution and may struggle to get up with current sentiment rather low.
That 80,000 is a big bill for an excavator. Have they checked out prices of a new one or of hiring long term? And are they going to have more trucks on site than one?
Feeling a smidgen more positive.

Christopher

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NM $1mil twelve month interest free loan please.

ANW Price at posting: 0.3¢ Sentiment: Buy Disclosure: Held
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Last 1.0¢		Change 0.000(0.00%)		Mkt cap ! $2.501M

Open	High	Low	Value	Volume
1.0¢	1.0¢	1.0¢	$495	49.49K

Buyers (Bids)

No.	Vol.	Price($)
9	2888919	0.8¢

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Price($)	Vol.	No.
1.0¢	437721	2

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No.	Vol.	Price($)
9	2888919	0.008
4	992855	0.007
3	499161	0.006
4	2250000	0.005
1	500000	0.004

Price($)	Vol.	No.
0.010	437721	2
0.011	789570	5
0.012	1081280	4
0.013	944662	2
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NM $1mil twelve month interest free loan please.

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NM $1mil twelve month interest free loan please.

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