SBL signature metals limited

Ann: Loan Facility Deed , page-2

  1. 122 Posts.
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    An interesting announcement shortly after the Unmarketable parcels proposal.

    Why would a company (LG) increase an unsecured loan facility already in place to a value of US$50 million unless they expect a healthy return on their 76% investment in SBL ?

    I can't see anybody throwing $50 Million at a hunch.

    Just my humble opinion...Cheers Peteski

 
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