How am I 'wasting' my time by informing people about corporate finance principles that I understand very well.
Debt should never offer more upside Ryan equity as equity is riskier.
$6M AUD for 25% secured holding with titles to the furnaces, means that 75% equity (with no security) should cost no more than $18M.
Happy to help you understand if you think otherwise, but you need to please explain what you don't accept of the above?
Facts, page-5
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