MOY 0.00% 5.1¢ millennium minerals limited

Ann: Investec provide Credit Approval for $17.5M Facility, page-14

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  1. 813 Posts.
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    I just wanted to add one of more thought.
    Although it is unlikely, there is a chance that MOY will not need to draw the loan at all.
    It will depend on the cash flow generation of the next two quarters.

    MOY 10.PNG

    I remember few years back RMS had a similar 10 million loan arrangement with CBA which was never required. While MOY is not in the same situation but might as well chip away.

    @ozpolarbear.......from your other post you mentioned putting money evenly in the mainstream goldies.
    Is MOY one of them?? I know I have asked a few time and you have always replied. Thank you.
    If I am not asking too much, when time allows, could you please share your thoughts on MOY.
    I have been a bull on this since end of 2015 and mildly bearish in the last few months. It played out just like that.
    But with all the news and development, once again a Bull.
    Thanks @ozpolarbear
 
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