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Ann: Revised Terms on Corporate Transaction with ERM Power, page-18

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Al99

1,190 Posts.

88

30/10/14

15:45

Post #: 14209120
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Originally posted by GAVIND ↑

I am inclined to agree with Vistica on this one. They need to lock in a drilling programme for at least the first two holes. By the way, you would be forking out about 28% interest if Cash Converters gave us the loan.
What do you think will happen if this final offer gets voted down?

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Debt and small E&P Companies do not mix well.

I'm out.

GLTA

Cheers, Al

EPW Price at posting: $1.68 Sentiment: None Disclosure: Unspecified

EGO Price at posting: 0.6¢ Sentiment: None Disclosure: Not Held
1 Upvote

0 Great analysis

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