TAM 0.00% 2.8¢ tanami gold nl

Ann: Loan Facility , page-24

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  1. 7,719 Posts.
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    Guys - some of you misunderstand the unsecured loan. The loan will probably be the most senior debt, other than possibly credit cards and equipment leases etc, or may have a condition that there is no higher ranking debt. Also they haven't told us if there is a "facility fee" or some other cost to make this 21% again - although I would expect it is actually 12% all in, especially as there is lower risk now.

    GLTA
 
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