Quick read through but pleasing to see the large shareholders contribute to the recap. A lot better than VA or liquidation.
Would have liked to see a loan for the development of smarts underground costs so they get some gold sales soon TRY says still in discussion??
There must be a decent amount of gold upside here for the large holders to stump up funds and for creditors to convert to equity.
Ann: Company Recapitalisation, page-8
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