U are right however the loan is at a very low interest rate , their is nothing wrong with debth providing the asset to debth ratio is ok and from the figures I have seen it is ok, I will not be intimidated by them with threats of a capital raising if we don't sell our shares to them, with the money they have available I cannot see.any reason for a capital raising in the near future, I for one will be voting against this takeover, I am hopeful that the majority of shareholders agree with me and also vote against the takeover, I get so bloody annoyed when I think of the $184 mill spent on acquiring Globe Star, the millions spent on exploration and developing Potosi, which has now been put on hold until base metal prices increase, (and they will) they have to be jokeing, the only winner is Zhongjin Lingnan if we let them steal this company from us at 35 cents per share.
My opinion DYOR
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would accept 40c , page-7
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