I am still very worried about the $274 of notes that are due in in April 2017, if we assume that there is no material rise in the U price over the next year and a half or so - what are some of the scenarios that might play out ?
In years gone by when capital was more readily available they could have just refinanced them but I am worried in this type of climate that it might not be possible, or at least possible on reasonable terms.
Capital raising or further asset sales would seem the only other options to me but I would be pleased to read anyone else's ideas or forcasts
I am still very worried about the $274 of notes that are due in...
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