Customers,
I note under the terms of the Debentures:
: Over subscribed
: Interest of 12%
:3% fee on capital issued in addition
: Total of 360,000,000 options to be issued at 2.5c
:Money can not be repaid earlier than 2 years
: No dividends will be paid during the earliest repayment of the loan- ie 2 years
Unless I have this wrong, what it means is that the company in 2 years will have paid back the debt, and will have 20mil or more in the bank (depending on what they do ) with a paid up processing plant.
I think our Directors are like a Ferret in a rabbit hole.
Had a ferret once- smart as.................
Any Thoughts????????????????
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2.6¢ |
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Mkt cap ! $97.67M |
Open | High | Low | Value | Volume |
2.4¢ | 2.6¢ | 2.4¢ | $273.1K | 10.95M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 565078 | 2.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.6¢ | 2657646 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 565078 | 0.025 |
1 | 1000000 | 0.024 |
10 | 1787908 | 0.023 |
11 | 4113537 | 0.022 |
5 | 725047 | 0.021 |
Price($) | Vol. | No. |
---|---|---|
0.026 | 2657646 | 5 |
0.027 | 775000 | 2 |
0.028 | 3000000 | 1 |
0.030 | 1673554 | 2 |
0.038 | 1000000 | 1 |
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