RE: What More Could We Want24 Jul 2022 16:07
Hoping
OMG this deal does not include any assets copl has.
As I understand it the $5.3 m part of the bonds is the rolling interest monthly over the full term of the bonds ,
so if these bonds are included in a future RBL we would only be paying back the $19.7 m + the monthly interest accrued when the RBL is completed.
Totally false. Payment is the principal plus 19% (or is it 18%) 118% of $25.2m is $30.09m - so $30.09m plus any accrued but unpaid interest needs repaying.
Total and utter lies from someone who doesn't understand the rns and not invested.
I take it you have watched the proactive interview?