WA8 3.64% 5.3¢ warriedar resources limited

Ann: Quarterly Activities Report & Quarterly Cashflow Report, page-3

  1. 482 Posts.
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    For this company's sake it had better be a good one and many more to follow. WE have 3m in the bank and are paying $450000 a year in interest ,payable monthly on this loan after dropping 150,000 on the upfront facility fee. To me this company is struggling to keep above water with nothing obviously going to happen at big springs for some time at least and when it does it will require finance which we don't have at this stage. No wonder they don't say much. It all rests on second fortune but we have a huge debt which will cause the company much pain if anything goes wrong.
 
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