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0.00% 1.8¢ crater gold mining limited

Mysterious changing loan value in rights issue

  1. shepherd89
    329 Posts.
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    10/04/15
    16:39
    Post #: 15066713
    Letter from CGN dated 25th March:
    "Funds raised from the Rights issue will be used to repay loans of $1.23 million....."

    Letter from CGN dated 2nd April:
    "The purpose of the Rights issue is to raise funds to repay loans (the current balance of which is $2.4 million...."

    Love the consistency. Doubled it in a week.

    I wonder what the balance is now. Or have I missed something?
    CGN Price at posting: 9.0¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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