Kacy,
Any short term money lender would charge 5% of the total loan amount, just to set up the deal.
So 5% of approx $9Mil is $450K
Then there is 3 months of interest. Which would be another $550K interest to make the $1Mil.
So if you really look at it. This brings the interest rate right in.
ITS A SMALL FACTOR COMPARED TO THE "BIG PICTURE".
WHO REALLY CARES!!! What is 1 or 2 truckloads of ore at the end of the day to pay for any extra interest, especially when ADY has Millions of tonnes of it....
Thats what PT has & we should all have in mind!
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Kacy,Any short term money lender would charge 5% of the total...
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Last
1.1¢ |
Change
0.001(10.0%) |
Mkt cap ! $17.92M |
Open | High | Low | Value | Volume |
1.0¢ | 1.1¢ | 1.0¢ | $2.276K | 225.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 156693 | 1.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.1¢ | 476693 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 156693 | 0.010 |
4 | 2091911 | 0.009 |
4 | 2062500 | 0.008 |
6 | 1115102 | 0.007 |
7 | 1300000 | 0.006 |
Price($) | Vol. | No. |
---|---|---|
0.011 | 476693 | 1 |
0.012 | 500000 | 1 |
0.013 | 400000 | 2 |
0.014 | 243584 | 3 |
0.015 | 615909 | 3 |
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