new year, new debt restructure, page-5

Yes, zog, this combined question of grades and expansion into thew sulphides is for me a key insight. The naive dream of course is that they could expand the facility from profit; but 200mil is a big chunk of cash (I would be interested in your thoughts on the refinancing, clearly 85mil isn't going to cut it to do the sulphides).

So far it would appear that we've had OK news, but nothing yet that exceeds expectations. It would be good to hear more substantiation for the "things are getting better" line taken in the last annoouncement.

On the bright side, from a pure numerical standpoint, things ARE getting better.