Bond00what,I reckons,the reason the ASX is not letting TBA come out- of suspension is ASX. do not believe that / TBA remains a going-concern. I reckon that todays announcement , confirms that opinion inmy books. Spend $27m mining for 60,000 tons and get $724,000 with. only a few thousand tons left to process and we have to pay $4.25m plus $850,000 in interest in 90 days from And a default interest of $25k a month, plus we paid a 3% Commission onthe loan. So, we need to pay$5.1mby,20th May 2023. The terms of the loan are-at the bottom of TBAannouncement20th February 2023. “Just another brick, in the wall.” Whole curry underwater.
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Mentalist, why do you say "by the 20th May" ?
The last announcement said the loan deadline had been extended to the
9th May, yesterday.
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