LOAN NOTES12 Apr 2019 17:11
Pauls own words...I am the biggest shareholder and I am not in the slightest concerned about the agreement. Of course the other good thing to remember is that the funds raised, are fully refundable from the Moroccan government. CLNs have always been looked upon by investors, as a no go area but they do come in different forms and this must be one of the better ones. As an example I was in Tern, when they took out a CLN agreement and it was a complete disaster from day one. In fact it was so bad the company had to stop it and replace it with a straightforward bucket shop loan.