VRC 25.0% 0.5¢ volt resources limited

Hi Semi,You are wrong regarding WKTs interest rate.there is two...

  1. 15,770 Posts.
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    Hi Semi,

    You are wrong regarding WKTs interest rate.

    there is two parts to the loan interest payments.
    The SOFR which is variable at 5.21% plus the high interest margin at 14%. Combined its 19.21%.


    You also failed to mention the 30% payment to gemcorp if the project ever becomes profitable in the first 3 years. This is payable even if the loan is refinanced




    https://hotcopper.com.au/data/attachments/6269/6269905-ad48fc9039136c1e796d5b4525deb0bd.jpg

    Anyway, VRC shareholders know how difficult it is to operate a graphite mine, they have a fully operating mine in Ukraine. You no doubt understand the risks of your investment and that is why you are out cross promoting the lemon you have invested in.



 
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