1MC 0.00% 3.2¢ morella corporation limited

Media Coverage Relevant to AJM, offtake partners and major holders, page-568

  1. 678 Posts.
    lightbulb Created with Sketch. 52
    My take is, with stage1 only, they will go belly up
    Stage 1
    debt 200mil, interest 30mil at 15%, 200.000x500= 100mil

    build stage2
    debt 300mil, interest 30mil under 10%, 400.000x500= 200mil

    by the time stage2 is build, and Lithium does go up, the better, no other alternative, it is a make or brake situation
 
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