MNB 1.41% 7.2¢ minbos resources limited

"the working capital facility will have to be funded by equity...

  1. 14,007 Posts.
    lightbulb Created with Sketch. 4025
    "the working capital facility will have to be funded by equity because it takes into account current liabilities."

    Isn't that a bit of a contradiction? A working capital facility by definition is debt, not equity. Have I misunderstood what you are saying?


 
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