Does this strike anyone else as nutty??.........20% interest?? Now that SOLG shares have appreciated 11 X since July 29th, hopefully they can get a little better interest rate...
"On 29 July 2016, DGR Global Ltd received a loan of CAD$3,000,000 from two international financiers for a term of six months. Interest is payable at the rate of 20% per annum every 30 days after the date of the advance. The loan is secured by SolGold plc shares held by DGR Global Ltd. The extension of the loan is currently being renegotiated."
Does this strike anyone else as nutty??.........20% interest??...
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