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Re: fignewton post# 2486

Tuesday, 03/05/2019 9:35:57 AM

Tuesday, March 05, 2019 9:35:57 AM

Post# of 7789
I disagree...why bypass 30% MORE of perpetual revenue stream...just to avoid paying an $80 million loan?

Once the loan is paid off...a one time expenditure....50%.....is much better than 20%.

485,000 sf should produce $150 million in revenue at full production. The loan could be paid off in a few years.

That means $75 million revenue instead of $30 million revenue. That's a difference of $45 million a year.

They get a loan at a decent rate...and a decent payback plan.

As I said before...getting half of a project you didn't have before...and getting favorable terms...and no shareholder dilution...what is not to like?

Loans can be paid back....DILUTION LASTS FOREVER.

Imagine if someone offered you that deal?

GLTA

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