G1A 0.00% 5.9¢ galena mining limited

30s to 40s, page-9

  1. 475 Posts.
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    Thanks for the analysis GR.

    And hi all, don't think I've posted here yet.

    All good currently with G1A, just hope the following isn't an Achilles heel: 

    “Toho to assist AMPL potentially procure a CONTRIBUTION to project financing debt from policy-related institutions in Japan for Japan-related projects."

    Very fuzzy wording, playing into TOHO's hand and hence out of ours.

    Alex M, if you're reading this, why not pin them down. The arrangement through TOHO of a low % Japanese loan would be a huge plus for G1A, but the wording seems to say TOHO promise to be 'nice' by arranging a nice cheap loan. 

    Why should they? In business 'nice' doesn't exist, everything has a price. Why wouldn't they use this as a bargaining chip? They'd be stupid not to. Increase our % and sure, we'll organise the full loan at much lower interest than you'd get elsewhere. They will already have done the sums.

    Alex, Pin It Down! TOHO aren't the only suitor.
 
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