AR1 0.00% 16.0¢ austral resources australia ltd

Ann: Debt Restructure Strengthens Financial Position for Growth, page-18

  1. 9,134 Posts.
    lightbulb Created with Sketch. 2076
    Yes BUT equity underwrites the deal - what that equity is it did say but I assume the plant and resources at anthill are collateral if it doesn't work so this would be the last chance saloon if it fails Glencore and Gerry Harvey take the protect .
    https://hotcopper.com.au/data/attachments/6260/6260622-ab29941a4f75f7c407f7424fcd7744ff.jpg
 
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