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Can you, or someone clarify for me the funding of ZG.We paid...

  1. 238 Posts.
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    Can you, or someone clarify for me the funding of ZG.
    We paid 3.8m from the first tranche of 4m - i'm clear on that.
    We need to pay another 3.8m in 6 months
    We have drawn another 4m from the 2nd tranche - is that going to sit in our bank account for 6 months and be used for that payment?
    I saw in the announcements recently that 4m will be used for operational costs. Are we going to need a funding top up in 6 months to complete the acquisition?
 
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