Ok - finance sorted and gives a green light to focus on growing the business - great news
that's the financing sorted - Up to $35m for up to 3 years and it
- provides working capital to fire up at pace and continue to find exploration and drilling
- eliminates the going concern issue with current liabilities exceeding current assets with its long tenor
- is expensive @ 12% pa with warrants exercisable by lender at $2.07
- which in itself if very bullish on the SP
-the rate is presumably the going rate as they have been talking to a range of banks and picked this one
Onwards and upwards !
wazz
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Last
$1.36 |
Change
-0.030(2.16%) |
Mkt cap ! $358.2M |
Open | High | Low | Value | Volume |
$1.39 | $1.40 | $1.35 | $144.3K | 105.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1300 | $1.36 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.37 | 3222 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 132974 | 1.350 |
1 | 11000 | 1.345 |
4 | 9346 | 1.340 |
1 | 3000 | 1.335 |
3 | 11300 | 1.330 |
Price($) | Vol. | No. |
---|---|---|
1.360 | 1966 | 7 |
1.365 | 4167 | 3 |
1.370 | 7830 | 8 |
1.375 | 3017 | 2 |
1.380 | 3709 | 2 |
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