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$1.90 kidman resources limited

PLS and AJM confident of refinancing by end of the year....they...

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Grizzle1

1,594 Posts.

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13/05/19

05:23

Post #: 38529232
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Originally posted by Jazz6868 ↑

Any supporting evidence that funding would be < 10 % next year.

the Australian banking sector starting to warm to lending to the Li sector but it a long way to go.

China is the only major buyer in Li, they set the price and Suppliers have to take it.

these are risks that associated with going on our own and take it all the way to mine.

of cause the TO bid price should increase, they are buying at the down turn of the cycle.

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PLS and AJM confident of refinancing by end of the year....they will be looking to reprofile 12/14% debt to below 10% imo. LME contract will support fcf models...

KDR Price at posting: $1.92 Sentiment: Buy Disclosure: Held
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0 Great analysis

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