Just thought i would post an extract from our Capital Facility...

Just thought i would post an extract from our Capital Facility ASX release and why we should never use Fortrend again!!
"Mantle’s Managing Director; Ian Kraemer, commented:
“We evaluated a number of different financing options in the market and felt the Fortrend’s
SSA Facility offered the best balance of cost and flexibility to Mantle shareholders as the
Company continues to build value through its projects.”

Ian Kramer,
“As an ASIC regulated entity with local distribution capabilities, Fortrend promises to be an
excellent long term partner for Mantle as we seek to accelerate the value creation process in
our projects.”

Fortrend’s Managing Director; Joe Forster, agreed:
“Our overseas investors are very excited about Mantle’s projects and in particular the new
cleaner coal technologies being brought to bear at the Company’s various coal projects.”
“We are confident that the market will recognise and reward Mantle with much higher
valuations as the management team successfully execute on the key milestones. Fortrend is keen to support and participate in that progression.”

So much for the "excellent long term partner" sentiment.