If that were the case, I'd be pretty worried. Can you show your...

If that were the case, I'd be pretty worried. Can you show your working? Mine says Marda will provide a lot of cash-flow over the debt that will be paid to TrailStone. At $500 profit an ounce, for 160000 ounces, (we can use cash cost if we assume they do no exploration and will exhaust the the reserves), the total cash-flow will be $80m. Debt will be $30m if everything goes pear shaped, and likely will be less.

BOK has a $20+m debt facility that's still available, plus they have the cash from selling some tenements. though with the tenement cash I imagine that will be used up in one or two quarters.