I hear we will have some debt funding coming---US$25m, — at what cost?? another Asimwe special—— are all the terms in favour of the vendors!!!!!! He is use to that - as he has been the recipient to many vends — look at the last two vends into AMD, all while being an EXECUTiiVE director of 4 ASX listed companies. Which day of the week to we, Lindian, get him !!!!!!!!!!
$25m I understand is not enough but a good start — if he hasn’t given the farm away !!!
Is it is a floating charge over the whole company ,—if so , where can we go for the balance ??— off take or equity.
I believe we have someone negotiating on our behalf that is just way out of their league !!!!!!!! Let’s see the terms . !!
What is the interest rate and what’s in the fine print ??
I hope it’s not like the Gerard deal where we give 60% of our production away for 5 years for negative 5%, all at the option of the buyer if he wishes to do it. !!!— please give me one of those deals !!!!!
Shareholders please see the shortcomings of the emperor and vote with practicality..
It’s Time !!
LIN Price at posting:
10.5¢ Sentiment: Hold Disclosure: Held
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