Looks like Smoothy and Greenstone are putting in most of the money to not lose everything they have already tipped in. The money is required to sort out the problems with a possibility it may contribute to the expansion.
Got to wonder if Smoothy now wishes he never got involved in this business.
Let’s hope it works out and they can ramp up from the 1400T.
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- Ann: FIRM COMMITMENTS FOR A$22M PLACEMENT AND DEBT RESTRUCTURE
Ann: FIRM COMMITMENTS FOR A$22M PLACEMENT AND DEBT RESTRUCTURE, page-6
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