MMI 0.00% 3.6¢ metro mining limited

Ann: Trading Halt, page-6

  1. 19 Posts.
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    I would say this is preferable to a CR, and MMI probably intend to repay this financing with this years revenue. Also considering the existing lenders have a vested interest, this is probably the best source for short term cash.

    All in all, not really a surprise as the company needed short term financing probably due to the early shutdown last year.


 
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