Mind you it was less than $200,000 so would hardly make a difference?
From Friday’s quarterly:
… “Loans of $92,936 and $100,000 were received during the March quarter from Directors, Will Rouse and Bryant McLarty respectively.
The unsecured loans were used for working capital with a term of up to 1 year and an interest rate of 5%. The loans were repaid from the proceeds of an entitlement issue during the quarter.”
- It does show how tight things are right now though.
Cheers and GLTAH
SMN Price at posting:
54.0¢ Sentiment: None Disclosure: Not Held
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