Ann: Pacer and Silver Lake Resources Settle Dispu, page-9

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  1. 235 Posts.
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    re: Ann: RDG: Pacer and Silver Lake Resources... Bear in mind that they had paid $68m to theendbof december abdthen partially paid the january bill of pacer so likely there is less than $20m outstanding. $11m at 31 March plus another $3-5 in the kitty by mid May means they only need a few million extra which is available in their existing finance facilities. From then on they are producing at murchison into an increasing gold price. Cash coming out of their ears :) from then on.
 
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