First time poster, long time reader.
I have been in Flinders since Diamond days and i have taken up my current entitlement and all previous.
If you refer to section 5 - Borrowings in the half year report ended 31 December 2017 the only current loan is the one to PIO Mines Pty Ltd of $3mill which was drawn and a further $2mil in which was drawn Jan 2018 this was stated in the Quarterly Report 31 March 2018. All going to plan this $5mill loan will be retired after this rights issue is completed.
As per all reports provided to market FMS has no other loans.
FMS Price at posting:
8.2¢ Sentiment: Hold Disclosure: Held
