CRC cortona resources limited
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questions and answers, page-35

  1. RiffRaff19
    40 Posts.
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    29/02/12
    13:50
    Post #: 9770134
    Can someone explain to me the present situation with the funding? They have an agreement with Deutsche Bank to provide a $37m credit facility.. but it isn't finalised?

    The capex is estimated to be $42m so they would only need to do a small CR in combination with the credit facility to be able to proceed?

    Are they still currently drilling to expand the resource?

    Sorry in advance if any of these questions have already been answered or I have missed the info elsewhere.
    CRC Price at posting: 14.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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