Surandy, where did you source the info about the draw down being at $118 k of the said extra 1.5 million facility, that Info has not been published so I suggest you stop providing inside information to the market
At the office should know better ,to tell you that, Although it is true
This still does not change the fact that we the shareholders are paying massive intrest on money provided by Erm when we can just put in ourselves and pay None.
It seems the board don't want to dilute their masters over at Erm out but are fully prepared to tie us to massive debt to Erm
So much for an aggressive exploration and drilling program.
Maybe a aggressive gold plating exercise and board sponsored money grab by Erm
Driller
EGO Price at posting:
0.6¢ Sentiment: None Disclosure: Held