AML aeon metals limited.

Is the OCP Loan going to Bankrupt AML?, page-3

  1. 392 Posts.
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    Doesn't mean anything.

    Please explain a feasible way for them to repay the debt? As it stands they'd have to do a raise for almost 60% dilution (and growing), it will be likely 80% of todays market cap by the time PFS is finally delivered.

    Even if the PFS was to cause a 2 fold increase, it would still need to dilute 50%, and with that sort of dilution prospects, it'll be ultra hard for AML price to track up.

    Bankruptcy or a cheap OCP takeover look the only options.

    It just doesn't make sense, why take a predatory loan at 12% rates?????
 
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