RE: Oil exploration investors are not looking for 13% per year28 Jan 2021 17:16
Tbh I always thought they would do a raise closer to the drill, even before this loan, They did it last time on the run up to jethro at 80p when they were fully funded
Eco Atlantic is providing a shareholder loan of up to US$6m (the "Loan") for its 70% stake in Eco Atlantic Renewables. It is anticipated that the Loan will be repaid in full upon a monetisation of the solar PV assets, from future third party investment into Eco Atlantic Renewables or from future project cash flows. Eco will maintain its majority interest following repayment of the Loan
Was just looking into this stock, Don t hold any, I was looking through the rns, am I right in thinking they will receive 600k a year and 25% of the profit from joe soon. I also see the dilution