Will need to raise money during 2019 in order to repay a $10 million fully drawn bank draft by Nov 2nd, 2019 - or they will need to renegotiate extending (and possibly increasing) the loan. Current rate paid in arrears monthly at 9.95%
With the USA economy is growing, and Australia is slowing, and the UK is stalled because of BREXIT, it's probably best to currently concentrate on potential USA contracts, this is where the short term growth may come from, and the UK office seems to be progressing well.
Gw
PPL Price at posting:
7.0¢ Sentiment: None Disclosure: Held
