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31.0¢ salt lake potash limited

Thanks, but I will stick with the AFR report. Probably have a...

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pforpaul

859 Posts.

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15/10/21

23:57

Post #: 56842803
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Originally posted by GravityWaves: ↑

"If those repayment schedules are not revised under the equity raising, the company faces a relatively urgent delivery schedule..."Just out of curiosity I had a look at the repayment terms for the US$138m debt. Minimum quarterly amortization of US$42.9m before a 70% cash sweep for excess cash. Maybe the spider webs behind the 70% cash sweep are just way too dangerous for any new lenders to be interested in pouring multi-millions into SO4 coffers.

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Thanks, but I will stick with the AFR report. Probably have a few more clues than you.

SO4 Price at posting: 31.0¢ Sentiment: Hold Disclosure: Held
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