VEC 0.00% 1.2¢ vector resources limited

Ann: Adidi-Kanga Gold Project Acquisition and Update, page-91

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  1. 5,172 Posts.
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    @HAC30 @binwood Hi guys ! I have not read all the posts and replies , but im sure you guys would of mentioned this for sure. Its interesting to me that there is no announcement saying FT capital funding fell through , my personal opinion is that because of the extended delay after delay with AK , FT funding when actually required was not available ( Right Now ) Lets see if that is still the case only the short term ???

    I think we could all agree if MEF funding could be repaid within the 90 day period ( As indicated ) then VEC will be back in a far superior position , preferably the FT Capital funding as per the original deal !


    Vector’s CEO Simon Youds said
    Multiple long-term funding options are continuing to be evaluated by the Company to
    enable repayment of the MEF I/Riverfort convertible debt facility during the 90-day
    standstill period.:

    Importantly, we have secured a 90-day standstill on all conversions under the loan facility, and
    a number of options aimed at supporting our longer-term funding requirements are currently
    under assessment by



    Capital Raise , last Week all I heard was watch them pump the SP for the directors mates in the Cap Raise Lol , what a load of BS. These guys dropped in 2.6mill at 1.8c , do we not think they know what the LT deal is !
    Last edited by apkjm: 07/03/19
 
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