Yes, Misguided you are correct..... It would be very difficult for little ROG to get a HUGE Loan or Loans against its current backdrop of finance generation.
BUT there is no reason that a lender would not lend finance, at a slightly higher interest rate than the current rates. For an asset that is more secure than our current assets (the LOAN can be a closed asset loan, ie: Finance to be ONLY USED for the Asset in question.)
There were financiers from a few countries at the Angola Oil and Gas Conference......They are THROWING MONEY at projects in and near Angola.
As AK said.... "Watch this Space"
Cheers .....
Yes, Misguided you are correct..... It would be very difficult...
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0.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $37.95M | |||
| Open | High | Low | Value | Volume |
| 0.6¢ | 0.7¢ | 0.6¢ | $24.25K | 3.871M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 58 | 22742340 | 0.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.7¢ | 23505489 | 38 |
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| ROG (ASX) Chart |