RE: Loan update2 Oct 2023 07:39
... I don't see any good news here other than the fact that GRL haven't actually closed the doors yet. This time last year GRL still owed 1,924.61oz and had paid off 675.17oz, which suggests to me that nothing has been paid back over the last year as only 675.17oz have been repaid to date. It's laughable to suggest that they have the right to pay back 2,000+oz earlier at their own convenience when they've just obtained a 5 week extension on the loan, or has there been massive production that we've not been informed about? Methinks AIMS is going to become the new owner of GRL at the expense of small shareholders.