RE: What should the CLN restructure look like ?!25 Feb 2026 08:25
Year-by-year:
Year 1:
$10,000,000 × 1.20 = $12,000,000
Year 2:
$12,000,000 × 1.20 = $14,400,000
Year 3:
$14,400,000 × 1.20 = $17,280,000
After 3 years = £17,280,000
So the loan increases by $7.28 million over 3 years at 20% compound growth.
Better get on with drilling soon or there will be nothing left. This is a real problem. I suggest massive placing to clear out $5 million and then find a new lender at 5%. Again, im new here so i dont know what the actual agreement is. I'm in no rush to buy this stock.
GLA!!!