AAU 25.0% 0.3¢ antilles gold limited

Canarc corporate presentation, page-60

  1. 531 Posts.
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    Foyt - Agree 100%, I would like to see them refinance, but it is a tough sell to any potential lender in the current environment, combined with the disappointing history! I would be satisfied with an extended payment period/improved loan conditions on the existing MacBank loans - to enable PGI to build up cash.
    As previously stated the hedge position is giving us some negotiating power, to me its the only luck we have had in a long while!
 
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