AXM 0.00% 1.1¢ apex minerals nl

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  1. 3,063 Posts.
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    Hey Debit,
    You still bullish on apex :)

    I like the fantastic terms of the loans they get nowadays, preferential treatment i reckon.

    they borrow one million at 22% and also pay an arrangement fee of $300,000 fantastic terms.


    Apex has also secured an additional loan of $1 million from its secured lender AR Management Co
    Pty Ltd with a repayment date of 30 March 2014 at an interest rate of 22.5% (capitalised until
    repayment) and an arrangementfee of A$300,000 to be added to principal outstanding and accrued
    interest.
 
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