MOL 0.00% 6.9¢ moly mines limited

With regard to the TCW loan one idea comes to mind,MOL could put...

  1. 523 Posts.
    With regard to the TCW loan one idea comes to mind,

    MOL could put the funds into a escrow account making interest, and pay the loan according to the original agreement.

    It would not attract anywhere near the amount of interest that TCW are charging %15 but would make TCW wait for full payment.

    We don,t however have all the conditions that the loan had on it at the time it was taken out.

    My guess is that MOL will wait until they have the deal in the bag and try to re negotiate the terms. Always better when you have the cash to show and not just a agreement.
 
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