AIS 5.88% 18.0¢ aeris resources limited

Ann: Trading Halt, page-47

  1. 10,633 Posts.
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    ANZ are still providing a $45mil bonding facility that is currently close to full utilisation to cover environmental liabilities, so are retaining their first ranking facility.
    WHSP are providing a $50mil working capital facility and so their second ranking security is not exactly credit worthy to put it mildly hence the large interest rate and associated fees.
 
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