iof progress, debt financing9 Sep 2020 16:44
IOF is looking like it has sorted its debt issues out. IOF8 is up and running, and the issue in March with Banks wanting to take over IOF might rear its head again as the 6 month regulatory wait period is soon to expire in September.
This is the last paragraph of the recent RNS for the corporate update:
"...We are pleased to continue to progress towards the completion of our debt refinancing which will provide us with a clean slate and allow us to dedicate more focus towards maximising our fantastic growth opportunities in iodine and continuing to generate shareholder value."
I feel IOF is a good buy at the current sp.
larryh - LTH
dyor!