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27/03/19
19:09
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Hi 82Punter, how did you come up with 20% interest? If interest is built in, shouldn’t it still be declared? Was it declared?
This is all so confusing it makes me wonder if it’s intensional or just a stuff up?
Note - I vaguely remember this being discussed(?)
See item iii below.
From appendix 2 - 07-Mar-2019
The key terms of the MEF/Riverfort Facility are as follows:
i. Term – 12 months from issue date;
ii. Face Value – US$1.20;
iii. Interest – nil interest;
iv. Early Repayment Penalty – 5% if repaid within 180 days of issue date and 10% if repaid after 180 days of issue date;
v. Commitment fee equal to 44,700,000 shares in Vector (at a deemed price of A$0.018);
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