NIC 1.68% 91.0¢ nickel industries limited

Ann: New US$250M Term Loan Facility Established, page-6

  1. 119 Posts.
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    The language used in the annual report was "in addition to the Company’s existing cash and strong
    ongoing cash flows from its existing operations, leaves
    the Company well positioned to fund its share of the ENC
    acquisition payments"

    The language used still leaves door open for more funding methods. It looks like with this latest loan all the funding requirements have been reached as they needed to come up with 1.25 billion in equity payments.
 
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