Apr. 9 at 6:48 PM
$SVRSF so i was just thinking about doubling my position here due to those hires, all if which came from majors. which signals very strong confidence in the project. but then i read more about the samsung deal and it turned out to be just a loan, with interest, that needs to start getting repaid in may in monthly instalments(about 0.5M), which can be deducted from the supplied ore in the offtake deal. so the risk here is very high if they miss the timeline and it also decreases profits/cashflow right off the bet. they would have to start diluting to secure more financing. it could get very ugly in this sensitive period of moving into production. so i am not sure whether to keep my position as is or increase my risk here....