But...We were also told that we would not be raising any money via share placement because of dilution to investors and that a debt facility was the preferred option. Hence why the Loan/Credit facility at an un believable interest rate of just 7%.
Unbelievable that was. Especially at that rate of interests that most mining company, if not all of them, would kill for.
And yet, a share placement was soon to follow.
Why the sudden need of changes and why having the needs of doing such a share placement when, and IMO and memory, we were told that we wouldn't.??
We were also being told that it would only take about two or three weeks to complete the loan facility before the money was to be made available, and here we are, moons away from that date, and we still haven't completed the deal.
WHY.???????
- Forums
- ASX - By Stock
- CDU
- quarterly out
quarterly out, page-91
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)