"On Funding this deal with Yinbin - 15% discount to VWAP, 10% interest = 25% funding cost over 12 months for 1 million.""
Would be a lot more than that wouldn't it if the Face Value per Note is to be in $USD. ?
If so it would be like an additional additional interest built in wouldn't it. ? : (
Anyways whatever, the detail will have to be in the announcement no doubt..
fwiw
USD to AUD
1 USD
= 1.51 AUD
at the rate on 2020-03-06.
