$450K - according to the loan agreement pdf -...

  1. 486 Posts.
    $450K - according to the loan agreement pdf - http://www.asx.com.au/asx/statistics/displayAnnouncement.do?display=pdf&idsId=01501300 - it was payable after 20 months. The pdf was dated 14th March 2014.

    There have been scant details on the loan, but it is an unsecured loan.

    Manganese - Yes I was hoping that would make a difference, but needs money to define as you say.

    TRF/IFE certainly have options - Tin, Gold (Orinoco, Challenger - Columbia (seemed stretching to far with too little cash to me, but its still there)!?!).

    I'm hoping that in the new year something will come of OGX and that there would perhaps be something to connect to ARI with - i.e. IO price improve or AUD decline, such that something can be done to get some type of cash in. Hope is the word.

    As to who will lead the merged entity - I dont think there will be any changes to the current crew.
 
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