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Ann: US$14m Loan Facility Approved & Firm Bids for Placement, page-179

  1. chuk
    13,789 Posts.
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    17/04/24
    21:26
    Post #: 73395902
    "the working capital facility will have to be funded by equity because it takes into account current liabilities."

    Isn't that a bit of a contradiction? A working capital facility by definition is debt, not equity. Have I misunderstood what you are saying?


    MNB Price at posting: 6.9¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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