RE: The Forgotten Silver: Over $600m Potential at NTVO27 Jan 2026 14:11
Ice can you explain what misinformation I have written regarding the repayment:
3rd Nov RNS
" Repayment of the loan will be amortised at a rate of £180,000 plus accrued interest per month over 10 months, after the first 60 days from drawdown, unless YA has previously exercised its conversion rights. The loan attracts a modest 5% coupon, which begins to accrue from the Completion Date. The Company has the option to repay the CLN early, at a 5% premium to the amount being repaid. Any proceeds from the ATM described below will be used to meet the amortised repayments, if a payment falls due if not otherwise converted to equity."
"For so long as the CLN remains outstanding, the Company shall use any proceeds from the ATM to repay the CLN, unless waived by YA.
Both the Warrants and ATM will depend on there being sufficient existing headroom or headroom freed up by the CLN being repaid rather than converted."