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Ann: Revised Terms on Corporate Transaction with ERM Power, page-46

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31/10/14

12:07

Post #: 14215083
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Originally posted by jake0002 ↑

am not sure if ERM loan of $15m is secured - but probably is. I would if I were ERM.
But, Alcoa has security over RG and all those related permits, plus probably those new prod licences.
so it gets back to pricing.

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Not forgetting the results of the B sands will probably more than cover the Alcoa loan until September & as we know they are better than the D so more than likely no issue to finish that debt by then.

EPW Price at posting: $1.80 Sentiment: None Disclosure: Unspecified

EGO Price at posting: 0.6¢ Sentiment: Hold Disclosure: Held
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0 Great analysis

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