LCY 10.0% 1.1¢ legacy iron ore limited

Ann: Quarterly Activities and cashflow Report - June 2014, page-19

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  1. 1,513 Posts.
    lightbulb Created with Sketch. 13
    They have always said that the LOC would only be used to purchase income producing projects.

    So there is little or no risk because the producing asset would cover the repayments of the loan & also as Bugs has alluded to it would be guaranteed by NMDC
 
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