re: i know what happened Rumours
Here is the source in SMH......
"Consol raising
Consolidated Minerals is raising $70 million in unsecured five year convertible notes with a coupon of 6.5 per cent a year.
Proceeds will be used for "general corporate purposes".
JP Morgan is lead manager."
Notice how it is presented.....general corporate purposes is put in quotes eg
"general corporate purposes".
COMBINE this with Kiernan selling down his stake and you have a great rumour.
Baxter has countered by saying the money is ear marked for the nickel project and exploration.
No mention of the money being used for "general corporate purposes."
mmm......I wonder.
Who should we believe here?
CSM
cosmo gold limited
re: problem ...articles, page-2
Currently unlisted. Proposed listing date: TBA
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