MMX murchison metals ltd

whats happening behind those doors???, page-6

  1. 529 Posts.
    Hi

    Its not as simple as that.

    RCF director already director of MMX

    RCF have a two funds who are already shareholders.

    Not sure which fund has made the loan but the shares in lieu of interest pushed them over the 5% mark.

    Loan gives them I assume some form of security over MMX assets which is beter position than just shareholder.

    Loan protects investment I guess
 
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