Something big is looming....
In addition, the Company is pleased to advise that it has taken up unsecured loans of $670,000 from directorsand other third-party groups to assist with the funding restructure of the Innamincka Dome project. TheCompany expects these loans to be fully repaid within 45 days with an interest rate of 10%pa.
Back of the napkin:
They had $91k at 31/12/2018
Capital Raise $340k ish
Repaying $670k within 45 days?? I smell a deal being worked for funding, hopefully in the form of a JV.
Something big is looming....In addition, the Company is pleased...
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Last
0.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $43.37M | |||
| Open | High | Low | Value | Volume |
| 0.8¢ | 0.9¢ | 0.8¢ | $146.5K | 18.29M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 50190673 | 0.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.9¢ | 23032557 | 44 |
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| Last trade - 16.10pm 18/11/2024 (20 minute delay) ? |
| ROG (ASX) Chart |