ORN 0.00% 1.6¢ orion minerals ltd

Is it just me or is there a mistake on the figures with the draw...

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  1. 6,058 Posts.
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    Is it just me or is there a mistake on the figures with the draw down loan?
    Should be just under $4M remaining after the draw down of approx $3.5M already.

    With cash of $4.5M and spend of $4M, it looks likely further funds will be needed in 1H 18.
    I see that the Orion only have a 73% interest in the S.A projects, surprised this wasn't made clearer in the quarter activities report, vote of confidence in the project to see management dipping in with $250k purchase in the most recent raising.
    Last edited by El Jefe: 04/02/18
 
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