As pointed out by you that the terms of the loan was 18 months , agreed , but when does the loan repayment date start from ?
The first drawing of funds ? or from the date of the final drawing in full of the facility.?
This has never been advised to shareholders.
Either way I am most confident that as announced , the bank has agreed in principle to the extra drawing that the terms would have been altered if necessary.
Banks do not agree to more money if they are not completely confident that the loan can be serviced.
As announced in the September 2019 quarterly the tailings dam has been cleared & completed.
BSR Price at posting:
1.4¢ Sentiment: Buy Disclosure: Held
