This may have been discussed, but I'm guilty of skipping passed Auz threads lately.
Re: the SK letter of finance / prepayment.
Make no mistake, this is a massive moment in time.
No letter, and we are stuffed.
Get a letter of commitment and it's very, very significant.
So I want to stay on the positive side and discuss how any prepayment program would look.
If anyone has experience in this area I'd love to hear it.
This might be pie in the sky, but it's what I'd like to see.
A letter with an immediate prepayment of $10 mil to ward off any possible short term CR.
With negotiations to continue into Jan with a 'suggested' further prepayment of $200 mil subject to all financing being in place.
Possible?
What would people like to see?
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