re: Ann: Completion of $7m Loan Facility and ...
The assets underpinning the SP are really coming together 6ULDV8, the cost of the finance is becoming irrelevant, was the below info missed or an already known, re purchase of "Petroleum Production and Exploration Assets" by end of August?
Holy Crap Batman, we're going to own production assets in Canada by the end of August?
You don't borrow 7 mil and then spend 5 of it prior to getting the flow announcement fom Warro 4 - enough said.
Quote from the announcement: "The Company has immediately drawn-down an initial tranche of $5m to fund the acquisition of petroleum production and exploration assets in British Columbia via Carnaby Energy Ltd. This transaction is scheduled to be completed at the end of August"
TSV Price at posting:
4.2¢ Sentiment: Buy Disclosure: Held
