VSR 11.8% 1.5¢ voltaic strategic resources ltd

Can someone update me on the current DEBT levels of this...

  1. 163 Posts.
    Can someone update me on the current DEBT levels of this company, it is a little hard as quarter  cashflow accounts are not released.
    The company recently stated they have paid off $14M of bank debt, so given on 6 NOV 2017 presentation announcement they held DEBT of AU$ 8.08M, so after this lastest rights issue,  they now hold debt somewhere around AU$6.70M? (assuming) they have not touched their renewed revolving line of credit DEBT facility?
    With oil prices under pressure, it would seem likely that we may now come under further selling pressure , and given that huge 10M individual sell order at 1cent, all in all this is looking very shakey.

    Thinking out loud, i would like other holders opinions on the above?
    Thank you.
 
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Last trade - 16.10pm 09/05/2024 (20 minute delay) ?
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