so 12 million in debt
Costing a mill + a quarter to keep doors open
Drew a further $920k in quarter from Noble at approx 10% ( good rate considering) and weirdly ended up with exact same balance as start or quarter - how convenient - is there a covenant they must stay above?
"During the quarter, Eden has received a further $920,000 from Noble EnergyPty Ltd (“Noble”)(refer 7.6) and subsequent to the Quarter, a further $230,000 has beenadvanced to meet its ongoing working capital requirements."
What more can be sail
Oh yes that's right - Georgia still not sold?
What is Georgia really worth and what will auditors on accounts say?
Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-2
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