RE: 5 mins to buy16 May 2020 17:15
Haha Duster, was thinking the same. I like this part of the rns.
Debt financing
“The Company announces that negotiations with two institutional investors in relation to a non-equity linked asset backed debt structure linked to Baita Plai have now reached a well developed stage. Such financing would be used inter alia for refinancing the Tranche 1 Convertible Bonds issued to Atlas Special Opportunities LLC.
Due diligence to secure the financing has commenced and in order to expedite this the Company is now accelerating and expanding its drilling and metallurgical test work process. The Company looks forward to updating the market in due course on further developments regarding the refinancing.“