indeed - another piece of the puzzle and another roadblock out of the way for settlement
$20 million US payable over two years !
so the bank have to know about all the profit and los relating to the as yet private company that is SPM and are happy to loan such a figure. One would think if they are confident then so should we be.
acquisitions - well MOO ? can't be anything else can it and presumably that debt will be with SPM at the mo ( if CSD had bought already it would have been released to market - but not if SPM)
more bits of the puzzle required but this is shaping up nicely ( although slowly)
I'd like to know what other debt we are absorbing from SPM though
$28.1 million AUD + $20 million drilling from Wangou for a company with an MC $ 7.6 million ?
not for long methinks
good job Ralph
indeed - another piece of the puzzle and another roadblock out...
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