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FiveCent

1,034 Posts.

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16/09/19

08:54

Post #: 40431542
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Originally posted by FiveCent: ↑

No worse than listing on Dar es Salaam Tinwins.

Not saying they will raise the $40m but lets say for arguments sake, they get $25M, then they might be able to get $15M privately, The banks would be more likely to look at a reduced debt facility, to minimise their exposure.

I have worked in Banking and Finance for the last 24 years and seen companies time and time again applying for Debt Facilities too big for the banks to approve.

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Sorry, scratch my last 2 posts....was meant for another forum......….

BSR Price at posting: 1.4¢ Sentiment: Hold Disclosure: Held
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0 Great analysis

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