..."Debt is bad when you are poor. Debt is fantastic when you are wealthy. Something most people don't understand."
Yes, indeed, as the washout of the GFC very-clearly, demonstrated, to anyone, who was interested enough, to analyze the 'cause and effect' relationships involved, in that 'little Wall St. debacle', not the least of which, was ...'counter-party risk'.
And so, .....IF, YOU, borrow $200 from the Bank, and you then can't pay it back, ..YOU, have got a problem...! BUT
.....IF, YOU, borrow $200 Million dollars, from the Bank, and you then can't pay it back, ... it's THE BANK, that has got the problem...!!!
With the financial world right now becoming increasingly skittish, ..a bit like a bunch of long-tailed Cats, in a room full of rocking chairs, about the state of the world's economic outlook, the fact that the IFC has volunteered, to provide these funds to AKE, is a mark of the confidence of that Global Financing Organisation in the income producing capacity of our company, and, a recognition of the importance, of both the continuation, and the further expansion, of the provision of Lithium, to the rest of the world in its increasingly ..essential, efforts, to electrify ..'everything'...!
HOLD 'em ..TIGHT, Folks...!
AKE Price at posting:
$14.35 Sentiment: Buy Disclosure: Held