AZZ antares energy limited
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jbl1971, The Macquarie facility is for field development...

  1. Last of the Mohicans
    5,038 Posts.
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    28/10/15
    12:02
    Post #: 16271470
    jbl1971,

    The Macquarie facility is for field development purposes only (possibly for the purchase of existing producing fields) not for corporate financing. So can't be used at all to cover the loan notes or pay the interest on the notes either.

    LOTM
    AZZ Price at posting: 50.0¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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