Cash?? You think LVR's are based on cash? That would hold back a few property portfolio's.
The LVR ratio is unknown at the moment, so you are guessing on that, they have plenty of cash and are generating more. They have a market cap worth $100m and that will be higher if they secure a US deal, which is the only circumstance in which they'll need the loan.
Geelong, generating over $8m per annum, is clearly worth way more than the loan value.
Remember that the 1500 tonne per month AL80 contract is a minimum, so they can supply more from the U.S, which guarantees revenue on top of the U.S processing fees.
MHM's biggest obstacle at the moment is the Republican party.
Cash?? You think LVR's are based on cash? That would hold back a...
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Last
32.0¢ |
Change
-0.020(5.88%) |
Mkt cap ! $133.9M | |||
| Open | High | Low | Value | Volume |
| 34.0¢ | 34.0¢ | 31.5¢ | $175.3K | 536.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 14915 | 32.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 32.5¢ | 10000 | 1 |
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| Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
| VYS (ASX) Chart |