GBG gindalbie metals ltd
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good news....yes?

  1. Doogs
    2,196 Posts.
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    13/05/14
    12:47
    Post #: 13357754
    US$300M Loan Facility Secured

    KML has executed a binding Facility Agreement with China Merchants Bank (CMB) – Hong Kong Branch for a new
    US$300 million Fixed Term Loan Facility (“Facility”) to meet the previously outlined funding shortfall for the Karara
    Project (see ASX Release – 10 March 2014). The first drawdown of the Facility was made on 13 May 2014.

    The Facility has been arranged by Ansteel, which has demonstrated its continued strong support of the Karara
    Project.

    Got to be positive?
    GBG Price at posting: 4.7¢ Sentiment: Buy Disclosure: Not Held
    Likes Created with Sketch. 12  Upvote
    lightbulb Created with Sketch.  Great analysis
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