Also they do get the $115M USD SCSN interest of 8.5% p.a. so around $40M USD of total premium payment interest for the 4 year SCSN loan but nothing for their initial investment in MBN of around $250-300M USD after the DOCA for the last 3 years.
For an investment fund, you would expect at least 50% return on that investment......and I think they only need to put an additional fund of $10M USD this year for C&M, and don't forget if they do restart the mine, you would think they still have that $11M USD VAT refund for restart cost so they don't need to input the cost for that.
- Forums
- ASX - By Stock
- MBN
- Some good news.
Some good news., page-18
-
- There are more pages in this discussion • 1,155 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MBN (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
UNT
UNITH LTD
Idan Schmorak, CEO
Idan Schmorak
CEO
Previous Video
Next Video
SPONSORED BY The Market Online