GDN 0.00% 1.7¢ golden state resources limited

Ann: DEBT FUNDING AGREEMENT SECURED AND DRILLING , page-3

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  1. 6,056 Posts.
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    re: Ann: DEBT FUNDING AGREEMENT SECURED AND D... Lol they bowed to my pressure & decided to disclose. :)
    Must say I am surprised (to the upside) that they have managed to get debt funding, i suppose the WCU holding is a reasonably secure guarantee that the loan will be repaid . MKABK you can put your cap raising fears aside for now.
    For option holders it is positive that the lender has shown an interest by accepting 5mil of them.
    16%pa certainly not an unexpected rate.
    This is one of the better days for GDN for some time should be a good green day.
 
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