Trees,
The history of that facility highlights that it is often increased (as it has been here) when required. A further $8m gets TAM thru to the end of 3rd Q and possibility is that they then roll it again and increase the facility.
The facility got to +- $45m last year. No reason why they wouldnt do that again, although this time they have no ABM stake to get them out of jail.
Bottom line is that TAM really should be out raising equity.
Best
Pete
Trees,The history of that facility highlights that it is often...
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