Ann: Quarterly Activities and Cashflow Report, page-2

Very short...

Refinancing now hopefully to occur late Dec...

The cashflow statement is truly epic!

$46m in outflows before production. 

So... another $12-$15m out (with $10m of that being another payment for the field).

$200m US in debt. 

So... they will end the year cash wise (after the restrictions) with perhaps $20m?

Of course, refinancing the loans won't be free. 

All I can do is continue to watch, and hopefully improve my ability to read documents like this!