VTX 15.8% 22.0¢ vertex minerals limited

Ann: Term Sheet for US$10M Prepayment Facility, page-32

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 317 Posts.
    lightbulb Created with Sketch. 146

    You're right mcbr1990.

    We're lucky this is a simple start up and the project has a very high IRR of 110% at AU$3000 per oz.

    You can see how funding arrangements could easily destroy marginal projects in this financial environment but feeling confident that this won't be the case here.
 
watchlist Created with Sketch. Add VTX (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.