Last Quarterly indicates a loan amount of $18,620,000 used from CBA loan facility.
Plus 3 mil from Magna = $22mil.
Sorry, I'm not sure why I had $30 million in my head but as you can see it's still a fair whack to pay off assuming the current silver price and if it stays as it is they won't have the cash to pay back Magna by mid next year. My position and sentiment remained unchanged.
Ann: Operations and Corporate Update , page-10
-
- There are more pages in this discussion • 12 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
