GREY:NEVDQ - Post by User
Post by
Notgnuon Oct 08, 2021 3:34pm
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Post# 33990201
Long-stop date and term loan 2 year extension >>>
Long-stop date and term loan 2 year extension >>>To me it is pretty clear with the onboarding of the new CEO that the loan extension is 99% a done deal. True that the terms could include a financing but alternatively they (KFW) could have just required some additional bridge loans from Pala or from another party to ensure that the ramp up continues to successfully to a cross-over point between capital input and cash-flow.
Whether we are at 75 cents or 85 cents today is kindof your-elephant. IMO we will jump 50% plus just on the announcement and if the terms are seen as favourable we will continue to track up... there is a big gap between here and Book Value... tht is the first hill to be re-taken.
Cheers,
Notgnu