Original post was moderated so I'll try to make it respectful as I always do. I need this question answered so I can make an informed decision if I was to take a punt.
Given the above disclaimer on the loan announcement, and the fact ASN looks to run low in cash in coming months as they only have $10m or so in cash atm including that recent $5m raised at 8 cents, what are the chances this $330m loan will come through and what timeframe. The $30m loan facility they have will keep them going which is good, I'd suggest ASN would not go down the CR Road again would this be correct? What timeframes is expected if at all . One would think this needs approval and quickly before the $30m loan facility is used?
Thank you everyone for a response cheers
ASN Price at posting:
7.7¢ Sentiment: Sell Disclosure: Not Held
