Well Pardner we don' know anything quite yet . But if they are...

Well Pardner we don' know anything quite yet . But if they are true to their word , "trading in positive territory , and meeting their debt covenant " An adjustment within the said arrangements is not out of the ordinary . This happens regularly to most companies , even big guys like BHP . Arrangements are mostly modified by the good will and confidence of both parties . If MRM has been a good client it would not be in any ones best interest to end the relationship . But on the other hand if MRM has breached its Covenant , adjustments can be made or another financier sought within a set period . I would think with the amount of cash in hand , the sale of two ships and the Jaya settlement in MRM' s favour , the signing of new contracts , and the long term contracts beginning in July , the adjustments , if any , would not be problematic , and trading will continue as normal ........However if I am wrong I will stand corrected .....