I noticed the ann said "expected sources and uses of funding", so I assume that they haven't finalized the finer details of the transaction yet....
I would think that a better way of doing the deal might be to first get an Overdraft Facility of $50 to cover any day to day running costs. Then pay FMG ALL the cash we have on hand ($90M??), add in equity raising ($60M) and then we would only need a loan of $40M to make up the $190M needed.
That $40M could then be paid off super fast with the new 75% profit take on the increased 6MTA turnover - we could be debt free in 6 months!
Through a little inventive accounting, we could make considerable savings because the interest we would pay on the $130M loan would be a LOT MORE that what we receive on our cash-in-bank. Hopefully, this method would also reduce the astronomical "$5 MILLION transaction costs" that have been added.
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