Perfect outcome, lets see anyone fault them on this ?
Looks like they have sourced alternate funding at 10% premium to perhaps payback ICP and rid the Singaporean deal
Not bad, funding of $1M with repayables of $1.1M
10% for financing of a gold explorer, unsecured in this market is fantastic
Leads me to think they have much larger financing earmarked, as this has to be repaid down the track
Fully funded with this $4M, the $2M+ cash in bank and $21M from Jiangsu now
Bring on 2014
Perfect outcome, lets see anyone fault them on this ?Looks like...
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