Additionally, there is not a rush on this just yet. We are paying 0% interest on the loan right now, why not take advantage of that for as long as possible. Also, a poor CPI performance this week gives the RBA a good reason to lower rates in November, which could be favorable for us. On top of that, the longer we show that we can generate cash and reduce costs before taking on a loan, the more favorable loan conditions will be.
I'm sure all due diligence is being performed Healyn, you need some patience.
EGO Price at posting:
0.4¢ Sentiment: Buy Disclosure: Held