BLY 0.00% $2.91 boart longyear group ltd

Ann: Refinancing Update , page-13

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  1. 623 Posts.
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    the banks will roll the loans after a bit of equity gets put in and that's what Pala Investments is hanging out for. I suggest we will see a private placement to Pala supplimented by a retail/current shareholder rights issue, so it may be wise to get some stock so u can participate in the raising if my thoughts regarding Pala are correct
 
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