Memo: IF a debt facility of $20M had been done instead of the dilution millstone of 65M shares @ 60c, this would be 70+ today with enough cash to p!** off Murkyson AND leave $12M to fine tune Mt Magnet.
$20M debt isn't going to affect the balance sheet that adversely for a co. that will have a EBITDA of over $90-100M
IMO.
The mkt knows this and is voting with it's "sell" buttons.
Patience will be severely tested I reckon.
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