1MC 8.89% 4.9¢ morella corporation limited

Media Coverage Relevant to AJM, offtake partners and major holders, page-565

  1. 668 Posts.
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    Have called Management a few times now,
    Quote1st call a week after TH 17/08/20
    Q: Will suspension last as long as early this year?
    Mike: No, only a finalising of refinance
    Quote 2nd call 25/08/20
    Q: How long will suspension remain, and the 15% interest rate
    Mike: Interest rate to high, looking for better deal
    Quote 3rd call 01/09/20
    Q: What is going on with FYR, update on suspension
    Mike: Due to covid19, they have until end of October, suspension likely to be 31/10/20 before or beyond
    Quote 4th call 07/09/20
    Q; Any update on Refinance and if there is any interest in appraisal, what about the Gold finds?
    Mike: There is interest from lenders, Gold was just a find, nothing worth talking about at this point in time
    Altura remains in suspension TO PROTECT SHAREHOLDERS FROM UNFAIR TRADE

    Summary:
    DYOR



 
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