yup spot on, a raise will stop this down spiral and really their best chance at keeping the lights on until royalty relief or coal price recovery. but yea depending on the refi wont know the exact mc to share price. like 200m raise at 8c, new ABL penny warrants, convertible rescue bonds or something
CRN Price at posting:
11.0¢ Sentiment: None Disclosure: Not Held
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