"But the CN can be refinanced and paid out in cash surely, maybe they can use the $71M cash to do that now and reduce debt to $0 and wipe out any manouevre from BMM using the CN?
Must have crossed their minds."
How's that going to work? Pay ~A$24 million to pay off debt from the A$71 million raised?
How much is the site works and refurb. at BS costing? $56 million.
Let's not forget about drilling costs, admin costs., etc.
"But the CN can be refinanced and paid out in cash surely, maybe...
Add POS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $11.14M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.3¢ | $5.459K | 1.513M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 53 | 33963252 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 3205511 | 6 |
View Market Depth
| Last trade - 16.10pm 06/08/2024 (20 minute delay) ? |
| POS (ASX) Chart |