I thought that the debt facility was already fully repaid and they had 800K in the bank debt-free. Here is the extract from their 2nd profit share announcement:
"Southern Gold has applied $1.2 million of the latest $1.5 million distribution to the repayment of the working capital debt facility provided by Westgold which is now fully repaid. The remainder of this second distribution will be received as cash."
Why do they have to pay another $1m? I might have missed something, but it is good to see the money flowing.
- Forums
- ASX - By Stock
- Ann: Third Profit Distribution of $2m from Cannon Mine Received
I thought that the debt facility was already fully repaid and...
-
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ION (ASX) to my watchlist
|
|||||
Last
0.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $5.443M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 345000 | 0.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.0¢ | 2600000 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 345000 | 0.008 |
5 | 1291000 | 0.007 |
2 | 333335 | 0.006 |
1 | 300000 | 0.005 |
2 | 750000 | 0.004 |
Price($) | Vol. | No. |
---|---|---|
0.010 | 2600000 | 3 |
0.011 | 612997 | 3 |
0.012 | 2320467 | 3 |
0.013 | 200000 | 1 |
0.014 | 481970 | 2 |
Last trade - 16.12pm 05/07/2024 (20 minute delay) ? |
Featured News
ION (ASX) Chart |
Day chart unavailable