Repay one facility and then take up another one next day - is this some sort of joke? - I don't hear shareholders laughing - and you don't put a $15mil unsecured facility in place so quickly do you? - so they knew they were doing it a couple of weeks ago - next they'll be having another share issue to repay this facility.
At least the miners at the Coyote Gold mine will get their severance payments when the mine closes later this month as it is uneconomic due to high operating costs.
Ann: Loan Facility , page-2
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