Hi Sun
Actual the Glencore financing does include working capital,
If you read Resolution 1 points 3 & 4 it states,
"The purpose of issuing the convertible notes to Glencore is to provide to the company a facility to fund;
* appropriate acquisitions, consistent with the company's growth ambitions; and
* with Glencore's consent, working capital of the company's corporate group."
the days of quick easy money are behind us, page-5
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