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4.17% 2.3¢ geopacific resources ltd

Ann: Financial Close of Project Financing, page-4

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  1. stanley1980
    86 Posts.
    lightbulb Created with Sketch. 48
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    28/06/21
    10:45
    Post #: 54112315
    Two things I notice:
    (1) There are some unspecified conditions subsequent for releasing the funds. Why aren't the details of those released? Surely if those conditions are not met then Sprott will want some concessions or another capital raise will be required.
    (2) Sprott managed to bend management over for another few million right at the end there!
    https://hotcopper.com.au/data/attachments/3306/3306403-ffc4fc81360511db8736418e6f3b35fc.jpg
    GPR Price at posting: 30.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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