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Thanks for your explanation J L.

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Legman

2,189 Posts.

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30/04/23

17:51

Post #: 67532455
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Originally posted by J L: ↑

Legman, have another look at the Financing facilities. I believe (think) that "Item 7.5 Unused financing facilities available at quarter end - $5 million", is part of the $15 million already received from EECP as of 31 March 2023.

The option of an additional placement of $5m on the agreement of the investor is a separate issue, an option only, and might never happen under current circumstances.

And it does not appear in Item 8.8, where one would expect it to be, if it were a definite possibility. I think it is unlikely, given EECP are still holding. My thoughts only.

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Thanks for your explanation J L.

NRZ Price at posting: 7.5¢ Sentiment: Sell Disclosure: Not Held
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0 Great analysis

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