The next interest and principal instalment payment of
the US$7m Cornell facility is due on 30 September 2008. For further details, refer to 18 July announcement.
it seems this need to be settled also. how much will ADY get from the shipment of iron ore on 24 Jul?
ADY got A$5m from placement in May 2008 (9 May announcement), A$ 714k cash at the end of March quarter and estimated cash outflow for the June quarter is A$3.65m. so ADY may need additional cash.
how about us 7m cornel payment due 30 sep 08
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