MOY 0.00% 5.1¢ millennium minerals limited

calling the bottom, page-53

  1. 404 Posts.
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    Legume,

    The biggest worry has been the debt payment to be made on 31 march. By my calculation, prior to the renegotiation,the y have at out 10m to pay hence the need to get a bridging loan from IMC.

    The extension of loan repayments by another 9 months is a positive and provided that they don't ask the company to do a raising now as a condition of extending, then, the stock is dirt cheap. I don't know what "various conditions" mean And whether that means a capital raising or something else.

 
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Currently unlisted public company.

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