I'm aware that the loan can be refinanced straight away, and I imagine that the cap raise will possibly enable that to happen.
I think that it's a bit of a joke that these extensions are happening. The loan was essentially peddled like a bridging loan but how many times will it be refinanced before full funding occurs?
I would be 100% happy for bad news just as long as the company was transparent for once.
VEC Price at posting:
1.2¢ Sentiment: Hold Disclosure: Held
