LPE 0.00% 16.0¢ locality planning energy holdings limited

Ann: Funding Secured from Global Investment Firm, Blackrock, page-16

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  1. 514 Posts.
    lightbulb Created with Sketch. 13

    Might be a lot of people getting out this morning as they have had funds tied up for so long at such low range 0.017 to 0.02.   

    Now we have ticked the funding box, looks exciting going forward.  Hopefully a great 4C now will top it off.

    I did read they have already drew $5.3m.  This will add annual interest payments of $530k. Wish they gave more info on this, ie is it for Solar take up? What are expansion plans?

    Still like it as they didn't touch the last loan they got at $10m which was for capital works only.

 
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