lol Pumper why so surprised
I maybe wrong and damn right could be but I thought I sighted an unsecured loan amt of $1m to Polarity B in the balance sheet.
How else were they going to get their money back. And who the hell is Polarity B?
I also find it intriging that when you read up on how they came to value Biograde for the deal and the history of the companies capital raisings etc the $1m dollar loans amt didn't get a mention.
I maybe wrong as I said but I have been waiting for this loan to be repaid as I anticipated it would be immediate, and as I said to Olympian the only way you will learn what they are doing is in the reports.
Please stand to correct me but you may have to do a bit of reading to confirm or deny what I am saying or simply ring Cardia and ask who the loan or loans were from.
Pretty damn scary at the momement I believe because there is a possibility they will have to raise cash again at a basement price unless they can get some legs out of Rio Minerals first.
Cross your fingers and toes mate for that big sale.
My view only.
Cheers
lol Pumper why so surprisedI maybe wrong and damn right could be...
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