Member Info for Amtech

Bless him, he’s doing his best to raise the sp to minimise the dilution from the $50m raise.

Is that all you’ve got, using what I’ve already said? I like the way you also make out I’ve lost, that’s impossible when I don’t have funds in here, not the sharpest tool in the box are you.

PMSL even more

PMSL

Like I said before I never discouraged anyone, punters will make their own investment decisions. I asked about the second part of the fund raise for $50m and you ladies started blubbering, playing the man and not the ball. Still I don’t see you correcting anyone who think $75m ebitda will pay off $75m of debt, wonder why that is? You all know the fund raise is coming, you’re all just not big enough to admit it.

I see Arden Partners Plc have been brought in to Challenger Energy on their fund raising as broker and book runner.

Maybe your rocket ship is ready to take off to one of the planets that are aligning up!

Sticks and stones Mcatee , always happens when little boys are beaten and have no answer.

Well you boys and girls can stay with your ebitda numbers I’ll stick with profits the company makes which is what services the principal debt. Let’s see how much the debt reduces on the 2021 figures before starting to add in the next year’s guesses, unaudited results were in May last year so a few months to go yet. One thing is for sure they won’t reduce it by $75m for 2021 or 2022 without raising $50m of new equity, which at todays Mcap is around 65% dilution.

Have a nice day

Yeah rightO

So now it’s 18 months worth of ebitda? It’s a wonder they didn’t pay it down over the last 5 years with the $323m of ebitda they amassed and didn’t spend then!

Wonder how they’ll get around the t&c’s of $50m of new equity as per the restructure?

Average ebitda guidance stated in the trading update was $75m. You stated the $75m should help to reduced the debt to c.$300m by the year end, that is not possible with net bank debt standing at $406m especially when they take into account the interest, taxes and depreciation that have been added back in.

Correct, so how are they going to pay $75m off the debt with $75m ebitda then.

‘Ebitda is earnings after cost of sales and admin have been deducted! It is simply the profit before depreciation and interest and tax! ‘

Ok so using your basic logic above and using the H1/21 results

Revenue $51,393m
-
Cos ($35,007m)
-
Admin exp ($4,883m)
=
$11,503m ebitda, right.

If that’s correct why was the ebitda at $26,3m in the HY results?

No they won’t, what’s the cost of sales per year on the revenue intake ?

They won’t have enough money to pay off $75m from the debt mountain, are you mixing up ebitda with profit again.

Wonder what they’ve appointed Arden Partners for ?

It’s getting silly now, continuously dropping week after week.

They’d then have to do an ‘updated optimised DFS’ to go with the ‘optimised DFS’ along with the ‘updated DFS’ and the ‘DFS’ to allow for this tech in the figures.

Lol, Nookie have you not realised by now that every post on here has to be verified by City :)

Hope everyone is well, this made me laugh

To be eligible, companies must meet high financial standards, including being current in their financial reporting, follow best practices corporate governance, have professional third-party sponsor introduction, demonstrate compliance with U.S. securities laws, and undergo an annual verification and management certification process.

They do know the Zorb is involved don’t they !