LRS 2.70% 19.0¢ latin resources limited

Ann: Funding Agreement, page-6

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    lightbulb Created with Sketch. 36
    It's prettying a loan at 12.5 percent interest plus another 2.5 percent if we pay cash back instead of shares
    in other words they'd rather cheap shares than cash
    probably the guys keeping the price down so we will pay then more shares as repayments
    not sure what to take from it really

    the only thing to get us out of this slump is a JV at guada
    let's hope these samples are bloody good and we sign some one up with a cash component otherwise this is looking pretty scary
 
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