And to add to oakeydoke's example as to why the 15Mill USD will make a difference
Costs to run EN1 about 600K AUD per month = 7.2M AUD = 4.87Mil USD lets say 5Mill USD rounding up expenses.
Assumptions 1)40% return on each dollar put in. 2)15% interest on debt facility per annum. 3) Enough demand to buy year round 4) Money from customers comes in within 90days so it can be reused fully 4 times per year. 5) Profits are reinvested back in the next run.
1st time through 15Mill x0.4 = 6 Mill USD profit
2nd time through 15Mill + 6Mill profit from last run = 21Mill x 0.4 = 8.4Mill profit
3rd time through 15 + 6 + 8.4 = 29.4 x0.4 = 11.76 profit
4th time though = 15 + 6 + 8.4 + 11.76 = 41.6 x 0.4 = 16.464Mill
You can see we started with 15Mill and by using it 4 times and reinvesting the profit we have ended up with 58.4 Mill - 15 USD (debt facility) - 15% interest 2.25 - 5Mil USD running costs gives you 36.15 Mill USD in profit for the year.
From here@PL24682468z should be able to see why getting the 15Mill USD debt facility will open up many more doors and avenues for profits for EN1.
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