MSC minerals corporation limited
Add to My Watchlist 0.00% ! 6.4¢

delayed debentures - how will they pay?

  1. thedalek
    1,892 Posts.
    clock Created with Sketch.
    10/05/10
    17:48
    Post #: 6678640
    the delayed debenture payment by 1 month is coming up really fast again.

    with 15% already issued immediately after the 50:1


    how are they gonna pay with the current cash burn and China JV setup expenses??

    Not to mention legal costs to persue the Descrete $2m at present



    can't be much left...less than $300k I estimate.



    somethings gonna give soon.
    MSC Price at posting: 3.1¢ Sentiment: ST Sell Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS Stay ahead - view the latest ASX market news
right-arrow Created with Sketch.
MEM Memphasys secures transformational A$325K initial order with exclusive Middle East partnership
right-arrow Created with Sketch.
NEWS Arrowsmith North Silica Sand Project granted works approval
right-arrow Created with Sketch.
NEWS Marquee confirms high-grade antimony ahead of maiden JORC resource
right-arrow Created with Sketch.
BML Boab Metals secures path to full ownership of Sorby Hills Project
right-arrow Created with Sketch.
NEWS HotCopper Highlights: 4DS Memory's strategic review flags strategic review & more
right-arrow Created with Sketch.
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
Add to My Watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.