RE: Another sell22 Oct 2025 18:32
In that same half-year repoet, Theeeduke from which you took that detail - RNS - 31/03/25 - there was an explanation re. extension of convertibke loan notes which subsequent to 31/12/24. The last issue if shares for cash was in july, in september, £1,000,000 was received for El Limon, within a month of that - earlier part of October, a deal was announced with regard to Cote d'Ivoire assets. The debt to POW which was detailed in the half-year report has subsequently been reduced and there seems to be a progressuve path on that.
With regard to section 18 of the annual report - 13/12/24 - two loans one for £50,000 and one for £150,000 had a daily interest rate of 0.5% but there were two other current liabilities - a loan of £1,050,000 and a loan of £100,000 that had annual interest rates of 20% per annum.
The £1,050,000 was detailed as drawn and as relating to an existing loan facility.