A lender, by extending 1 month will set a number of objectives for the company. They will set goals for cash flow or reducing their cost base etc. If these objectives are achieved they are likely to set more goals until the company is fully back on track and paying down its debt.
They may also be smarter than that in giving 1 month for the share price and silver price to recover further before issuing more shares to pay down debt..... smarter than raising money over the past month given the lagging share price.
CCU Price at posting:
12.0¢ Sentiment: Buy Disclosure: Held
