I'm a little baffled, the 15 million credit facility was to expire 24 months from may 2019, it has clearly been extended to 17th of May 2022.
A update from the company would have been great, in saying that they had secured more time, or did I miss something in the first announcement back in May 2019 ?.
Not complaining, but would have liked to know about the extra year, beforehand.
No cap raise needed now, the company can just take advantage of drilling the Bull project.
All good.
Ann: Quarterly Activities and Cashflow Report, page-10
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