rising8 Apr 2010 13:09
good luck and it seems it will rise, imo short trem only. As at the date of this announcement, the Company owes to Geraldton a total of approximately £10.3 million consisting of £9.1 million of drawn down loans, £261,780 of interest and £900,000 of fees (the "Debt"). The proceeds of the Placing will be used to pay down the Debt. After such payment the Company will owe Geraldton approximately £2.3 million. its the same guy just getting his losses back by us silly gits buying. market cap less than 2 mill and they have 10 mill debt....