OAU 4.55% 2.3¢ ora gold limited

Ann: Director Increases Loan Facility Limit & Grant of Security, page-2

  1. 10,379 Posts.
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    Why more debt?
    I thought we were going into production to cover costs?

    All company assests secured for loan! Why not CR?
    Does this director want the whole company to himself?

    Please tell me I'm way off base?

    An unsecured loan SECURED by the company assets?????????
    Last edited by Wazza3006: 29/01/20
 
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