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LOM 25.5¢

Loan - share issue

  1. JawDropper

    4,555 Posts.
    There are currently approx 220 million LOM shares on issue
    There are approx 110 million LOMO on issue - expiry August 2015

    Is the $15m loan going to be 'covered' by a further issue of shares and if so how many?

    Is the SP being driven down for loan collateral reasons?
    If we pay the loan back within the 12 months not a problem, so we will, even if it means a 'new' loan to pay 'old' loan. That's if we have insufficient funds come time for the loan to be repaid.

    Am I making sense? Anyone care to comment...

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