To recap the debentures.
- We took out $18m in debentures, with a 36 month repayment horizon
- Early repayment option can be exercised no earlier than 24 month horizon
- With the debentures having been issued in October 2018, we are approaching the early repayment horizon in 7 months time
- With unforeseen spike in the POG, there is a high chance that we will opt to pay out in full early, but to my knowledge no guidance of this nature has been given by management - correct me if im wrong
BCN March Surprise, aka The Judd News, page-36
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