MLX 4.35% 24.0¢ metals x limited

Ann: Variation to Loan Facility, page-2

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    lightbulb Created with Sketch. 585
    That's unfortunate, especially needing the extra $5mil but I think they announced this previously - essentially paying 9%pa interest unless it gets repaid early then the rate would be pro-rata higher.
    The only positive is that it sends a message to any potential buyers that we're in no hurry to accept any fire sale price for Nifty.
    Last edited by miningnut: 15/12/20
 
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