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2.27% 4.3¢ morella corporation limited

Current spod 5% price in China is just USD555/t and dropping....

  1. Whatismyusername
    171 Posts.
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    01/10/19
    13:24
    Post #: 40662974
    Not looking good folks...... time to break out the lead lined pants as our off-take agreed prices are gonna hurt for some time to come.....

    Must make the debt re-fi discussions very interesting indeed... seeing that the company won't be able to cover interest payments on the debt at current price levels...
    Last edited by Whatismyusername: 01/10/19
    AJM Price at posting: 6.9¢ Sentiment: Sell Disclosure: Not Held
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    lightbulb Created with Sketch. 1  Great analysis
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