RFE series 2018-1 reds trust
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They have had to put $5m in an escrow account with the lender....

  1. recko1
    414 Posts.
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    05/05/14
    18:38
    Post #: 13326261
    They have had to put $5m in an escrow account with the lender. This is presumably due to the covenant breach and wouldn't be released until the breached covenants are satisfied again. It won't be available for drilling until that time
    RFE Price at posting: 9.0¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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