If finance was only weeks away why do we need finance cover for months???
I was expecting the options would be used as part of the full debt facility, so the result is the same however there are put options and 14% interest.
It would have been nice to be involved but alas my pockets are not that deep.
Shareholders have financed $10M of the required $35M. Why wait - test the shareholder base and see how much is out there. I still maintain if it’s such a good project it shouldn’t be taking this long for full finance.
Ann: Walkabout shareholders provide $5m loan to bridge funding, page-9
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