PMY 16.7% 0.7¢ pacifico minerals limited

Ann: Updated PFS Confirms Strong Economics of Sorby Hills, page-33

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  1. 28,706 Posts.
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    it appears the company must pay $2.5 million in cash by 10 April 2019 to complete the acquisition of Sorby Hills. thus obviously they must raise capital very soon.

    Refer to the last balance sheet in the financial reports. $2.5 million deferred liability due 6 months after the original completion date of the acquisition contract (which was 10/10/18).
    Last edited by ddzx: 28/03/19
 
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