AR1
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0.00% 16.0¢ austral resources australia ltd

Ann: Debt Restructure Strengthens Financial Position for Growth, page-18

  1. the technician
    9,212 Posts.
    lightbulb Created with Sketch. 2092
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    21/06/24
    09:46
    Post #: 74419548
    Yes BUT equity underwrites the deal - what that equity is it did say but I assume the plant and resources at anthill are collateral if it doesn't work so this would be the last chance saloon if it fails Glencore and Gerry Harvey take the protect .
    https://hotcopper.com.au/data/attachments/6260/6260622-ab29941a4f75f7c407f7424fcd7744ff.jpg
    AR1 Price at posting: 16.0¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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