@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 !