Anyone know what a commitment fee is? Did it really cost $804,600 to set up the loan? or am I reading that wrong?
If so its a 20% effective interest (coupon rate) and ~13% set up fee.... they had us by the short and curlys.
Also can we assume this it the higher of the two?
Ann: Adidi-Kanga Gold Project Acquisition and Update, page-5
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