GREY:NMKEF - Post by User
Comment by
mick1888on Apr 03, 2019 2:21am
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Post# 29574201
RE:RE:Debt who would lend at low rates ?
RE:RE:Debt who would lend at low rates ?Sorry, should be SB (Softbank) & IQ (Invest Quebec). Hate predictive text...lol
mick1888 wrote: My best bet would be for ST & I to take their respective stakes up to just below 20% (at 0.8l, this should leave approx 200mil for the same two to lend at 8%. Current forecast payback for debt I think is three years, with Nemaska expected profits, all debt (including new) could easily be paid back in 5 years. Hey presto, we have a solution....;-)... And then we have the space and funds to increase production from 33k t/yr to 60k t/yr, wouldn't it be great if things were that simple...lol GLTA
Tcheck wrote: The government
caisse de depot et de placement
any candidates you see mick ?
We only start generating profits in a couple of years
10% on 400 M yearly is 40 M without paying back the debt.
so we would vave to borrow 480M to service the debt to bridge the non productive years.
at 2% it would be much better.
the danger is that banks can call loans and force liquidation to recover their money with interest.
petrowest building hydro dam in british columbia.
a loan makes you vulnerable to moneyhungry lenders.loansharks.
i dont mind but borrowing with a credit card not the best idea.
i know