ALB albion resources limited

good things to come our way - soon, page-24

  1. 4,578 Posts.
    No worries onshow,

    Goods news about the nature of the debt to jinchuan is convertible which I mentioned.

    Now how that works is the debt (20 million) can be converted into shares as a way of payment to the recipient (Jinchuan). If you look at the last Q on the last page it will have the details of the convertible notes (Shares) to Jinchuan.

    In conclusion this is a much better way for a company to have as to say to a banking facility loan.
 
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