RE: TEO 1st December but....22 Nov 2020 12:04
My point was,that the aim of being able to convert is that Amc will receive a better return from the profit of the production, so which is the best time to convert.We were led to believe that it would return millions per year not just the £600k per year interest.All I am asking is do people think sooner rather than later.
The later we leave it the later Amc would be able to make use of that revenue stream to offset against the loans we wish to take out for mine finance at kun manie.
If it is left too far in to the future and there is a drop in iron ore prices that could be a disappointment.
MD