TTR 0.00% 40.0¢ tectonic resources nl

Debt funding is the "least preferred option" because the lender...

  1. 148 Posts.
    lightbulb Created with Sketch. 15
    Debt funding is the "least preferred option" because the lender would require TTR to hedge a percentage of their production as mitigation against a drop in commodity prices. If the price of gold and copper keep rising then ttr miss out on profits they could have had if there was no hedging and that affects their accounts - and that means shareholders are affected too.
 
watchlist Created with Sketch. Add TTR (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.