deutsche bank $42m project finance, page-2

CRC will need to raise some capital to have access to the Deutche Bank facility, but it will not be anywhere near $42mill. Probably more like $10mill. I think/hope they will go down the path of convertible notes with the next raising, but only time will tell. I also hope they ditch Hartley's and use someone else as their adviser. Hartley's have done nothing for us share price wise.