NZC 3.57% 27.0¢ nzuri copper limited

Ann: Exploration Update, page-6

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  1. 1,256 Posts.
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    Jason Brewer's VEC with a 35 US$m DRC-Gold funding deal.

    https://stocknessmonster.com/announcements/vec.asx-6A904475/

    7% interest rate looks quite good imo. But some generous premium's to VWAP if the loan amount is converted into shares. I'm pretty sure NZC would amortise in cash, therefore I'd be happy if NZC could arrange a finance deal with similar conditions
 
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