Too true, mate. But this brings me back to the Agreement. See below.
My question is,
How can the Additional Placement of $5m be subject to agreement of the Investor and still be used as an Unused Finance Facility item 8.5, supporting Total available funding Item 8.6? This doesn't sit well with me.
There must be something in the Agreement that we are not privy to. Some clarity is required if we are to get a clear picture. IMO.
Can anyone offer an explanation?
Ann: Application for quotation of securities - NRZ, page-7
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