Could someone please Explain the RNA in a KISS Term ( Keep it simple stupid)27 Jul 2022 09:18
Good morning, not been on for a long while but have been reading, and I do hold shares in here. I'm after a really simple explanation to the last RNA/RNS whatever you want to call it, just so people fully understand as I don't fully, and that's were the de-ramoers are spanking us.
1. The money we loaned, how much in total and did we use that to buy CUDA.
2. How long have we borrowed the money for minimum term, and when is the maximum term we can pay back without any penalties.
3. On the normal loan period, what do we have to pay back each month to the lender.
4. If we pay back the cash before whatever the maximum loan date is, do all the potential shares or bonds or whatever go away?.
5. Is there a possibility that the lender does not dilute the shares as he gets his money back on time, or will shares be issued no matter what, and when and how many.
I've read and read the The RNS and just can't 100% figure it out, so has someone the time please to just put it in bullet points, don't confuse the scenario lol, thank you.
As for the MM' and the price, we know its not moving due to the comments of our leader, RS will confirm a lot of oil, not possibly the same numbers, but a lot. But there are also issues with it, or complications, that's what is said in not so many words.
What could the complications possibly be, obviously with drilling it I would of thought, or not been that deep drilling????
Many thanks if someone has the time please.