GGP 0.00% 0.6¢ golden gate petroleum ltd

announcement?, page-18

  1. 1,069 Posts.
    I'm not understanding.

    $9M Cap raise announced.

    Then down to $7M.

    Now $2.1M Loan facility.

    Is that now $9.1M?

    Is this better than just doing a $9M Cap raising?

    I dont know if I understand the ins and outs but I dont think it is as Novus will have a lot of shares to dump at will. Surely SH would have stumped up $2.1M?

    Went through this with Springtree and PRR. SP didn't move until Springtree were gone as they dumped everytime it moved higher.
 
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