The announcement dated 15 March 2016 states.
" With the successful initiation of production at Lance the Company has received several proposals and executed one non-binding term sheet for an Income Streaming facility to fund its expansion plans at Lance"
I'd argue its not the banks saying no, its a case of Gus and Co doing their diligence to establish who to say yes to.
Suspension Extension, page-11
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Last
8.3¢ |
Change
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Mkt cap ! $264.5M | |||
| Open | High | Low | Value | Volume |
| 8.4¢ | 8.4¢ | 8.2¢ | $607.3K | 7.334M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 1237377 | 8.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 8.3¢ | 350000 | 1 |
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| PEN (ASX) Chart |