Its not just the debt it is that they are locked into selling the minerals at contract prices due to the finance arrangements where the prices are lower than the current spot price , which reduces their forward revenue, and potential profit (if any) .
In laymans terms..., page-16
-
- There are more pages in this discussion • 11 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
