TGS
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0.00% 4.9¢ tiger resources limited

Ann: Update on Senior Financing Facility, page-11

  1. Nikec
    2,468 Posts.
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    01/03/17
    13:19
    Post #: 23009357
    My understanding of the loan agreement (I havent read it in a while).

    Is that we were paying interest only up until 1 Jan 2017.

    After that we pay interest and principle (principle being 1.625m + interest) for 100months =8.25 years (from 1 Jan 2017)
    Last edited by Nikec: 01/03/17
    TGS Price at posting: 4.9¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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