The could have had a better heading than what they did.
" No further rollover of the BSA"
Enough to scare the pants of the most brave among us.
It does sound ok to me as well. Just wish we could get something concrete for at least medium term funding. Its such a slow process.
This " Base Case Finanical Model" sounds like they are arguing over what cash flows are expected and what debt repayment can be achieved over the term of any extension.
The directors are probably being conservative and the lending pressing on grabbing all the cash flow to pay down the debt. Hope its that and they can comes to mutally agreed terms soon.
AEJ Price at posting:
$8.19 Sentiment: Hold Disclosure: Held
