EDE 20.0% 0.2¢ eden innovations ltd

so 12 million in debtCosting a mill + a quarter to keep doors...

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    so 12 million in debt
    Costing a mill + a quarter to keep doors open

    Drew a further $920k in quarter from Noble at approx 10% ( good rate considering) and weirdly ended up with exact same balance as start or quarter - how convenient - is there a covenant they must stay above?

    "During the quarter, Eden has received a further $920,000 from Noble EnergyPty Ltd (“Noble”)(refer 7.6) and subsequent to the Quarter, a further $230,000 has beenadvanced to meet its ongoing working capital requirements."

    What more can be sail

    Oh yes that's right - Georgia still not sold?

    What is Georgia really worth and what will auditors on accounts say?

 
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