Share
160 Posts.
lightbulb Created with Sketch. 15
clock Created with Sketch.
13/04/23
08:05
Share
Originally posted by Schoolboyknows:
↑
good in that they explain the lassonde curve, but not sure it totally relates to our current position.. feels like the concerns around our refinancing solution have taken us off the chart into new territory that I really wish we weren't in.. Also they liken our situation to other 80-20 debt financing options used by other miners but don't go into the detail about how they are faring in comparison to us which would be really useful to hear.. feels good to see the price to tick up a bit, but usually there's a rise before a CR so am getting a bit concerned as DR has said he doesn't want to do it but if it makes sense and he does go ahead it undermines his credibility. Wondering with inflation cooling down a bit and a recession looking more and more likely needed to bring it down to the target that refinancing might be slightly easier with lower forward looking rates and a higher gold price.. not exactly hopeful of the banks looking kindly on us and helping too much of a helping hand but you never know..
Expand
Stop fretting unnecessarily about CR. It is inevitable and will be coming. LTSHs have factored in and sitting on it for a year. If it doesn't happen its a big bonus and credit goes to DR. He has put all he's got to turn the situation.