42,102,894 conversion of debt, accured interest and fees
10,681,818 to meet $500,000 interest payment.
This year so far.
Total Liabilities of $141m $15m more than total assets
"the project financing from ABSA (Barclays Africa) which is to be repaid over a 7 year period against cashflows from that operation"
ABSA loan needs to be started to be paid back next year. (Just 2% $550k) But from 2015 11.28%($3.1m) then 15.64%($4.4m), 21.32%($5.9m). 24.88%($6.8m. final 24.88%($6.8m).
What was the last EBITDA from the Sub RRL??? (Earnings Before Interest, Taxes, Depreciation, and Amortization)
Great call on a new all time low by the way Trime.
CCC Price at posting:
3.5¢ Sentiment: None Disclosure: Not Held
