hamlette - good spot which appeared overlooked all day - good job Neil can rely on you for his PR!
I interpret his comments to mean that loan with BNP is now like an overdraft, repayable on the demand of BNP. Didn't hear him mention that the deal will free up the cash buffer which has been hinted at by DL - Neil managed to contain his excitement well!
By JONATHAN JONES, PROACTIVE INVESTORS, FOR THISISMONEY.CO.UK PUBLISHED: 13:45, 27 November 2015 LGO Energy was one of the biggest gainers this week. The Trinidad-based oil junior agreed a debt rescheduling package with BNP Paribas. The bank will allow a reduced repayment rate of $75,000 per month for the next three months. Shares jumped 28 per cent to 0.48p.
Datafeed and UK data supplied by NBTrader and Digital Look.
While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.