A40 0.00% 8.2¢ alliance mineral assets limited

Ann: Consolidation of Financing Arrangements, page-16

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  1. 587 Posts.
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    If you recall, the AMAL loan was taken (by the board) shortly (29th Mar 2018) after the ex-CEO was forced out (1st mar 2018).
    The interest is 20% - IMO, that's the main reason why the management wants to quickly get out of that loan.
    For more information, refer to the earlier Alliance announcement AMAL Loan
 
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