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tikotiko

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tikotiko

Re: tikotiko post# 1413

Monday, 09/30/2019 2:47:31 PM

Monday, September 30, 2019 2:47:31 PM

Post# of 1919
New financial statement announcement:

https://hotcopper.com.au/documentdownload?id=uOMxKKzFkiWRTLKhOROKAxjvTDYD5wm5wRmZof10ke92GA%3D%3D

It mentions the deadline for debt repayment of August 2020. This means we have about 10 months to refinance, but I hope they can do it by early next year. The announcement also summarizes details on production, shipments, off take agreements, deal with ShanShan, etc. It also mentions a $26M loss for the year, but a positive EBITDA during the last quarter. This is where pricing, production costs/quantities and shipments will be key.
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