RE:Nolan on BNN - Talking about putting money in Luna
So throwing another 20 mio after 10mio loan in an already existing stream is the real deal? i don´t think so!
this is a complete bail out for Luna after they cant get a loan financing at a reasonable interest rate done and now can´t arrange a 30 mio placement!
4% interest loan!!! + 20mio placement at a premium and without warrants!!! + potential modification of the Aurizona gold stream!!! (fewer ounces or higher price per ounce to enhance Lunas cash flow)
And the winner is...clearly not Sandstorm!!!
just imo