Australia's largest stock trading and investment forum Australia's #1 stock forum

VEC

Click for more information

0.00%

1.2¢ vector resources limited

Ann: Half Year Accounts December 2018, page-29

First 29 Last

Share
Profile

Follow
MeToo

3,857 Posts.

79

18/03/19

14:36

Post #: 37798575
Share

Originally posted by debono ↑

You shouldn't speculate that it's not then either. The company hasn't announced that. You seem happy to speculate to the negative however. Pretty sure they said it was simply that they didn't meet the timing requirements and had to get the required funds in whilst still sourcing additional funding requirements.

"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 Vector. I look forward to providing further updates on our funding strategy and project development activities in the near-term."

Expand

Wasn’t it that they did not reply to VEC’s requests for money with in the time required?

A bit of speculation....

Possibly they Ignored VEC or maybe they were on holiday or just a bit to busy or did not get the request(s)?

Last edited by MeToo: 18/03/19

VEC Price at posting: 1.2¢ Sentiment: None Disclosure: Not Held
1 Upvote

0 Great analysis

Reply

Top Stories

BTH

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

LPE

Sales growth pushes Lovisa's fortunes (and shares) upwards

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

PYC

Scientific conference spotlights PYC's work on blindness disease treatment

SIG

Dale Gillham's weekly wrap: Sigma-Chemist Warehouse merger creates pharma powerhouse

HotCopper Highlights: Your most watched stocks for Week 47, 2024

DUI

Panic, paranoia, and gangland politics: HotCopper users react to Dubber's missing $26M

GRL

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

Week 47 Wrap: HotCopper users' most watched; Brent lifts on Putin's scary letter; RFK dents CSL

There are more pages in this discussion • 103 more messages in this thread...

First 29 Last

Add VEC (ASX) to my watchlist