GGP 0.00% 0.6¢ golden gate petroleum ltd

gem funding, page-25

  1. 11,058 Posts.
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    NB - making good sense to me.

    Wondering why IG haven't put up the business plan and spreadsheet (I know I'd be interested in the estimates), given earlier dissemination of information.

    Am I understanding correctly that the 9.9% drawdown cap equates to market cap when drawn down - so if share price goes up the drawndown as a % comes down - so they can in fact draw additional funds - kind of like drip feed on success?

    Can someone post a link for this GEM Equity company that was offering funding?

    Whose conditional requirement was it that SG goes? IG asking for that of Gem or Gem coming to that conclusion by themselves? - substantiated of course please!
 
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