what will it take , page-4

So in a nut shell

Copper price is too low but is showing signs that it is improving

Debt ratio is too high but they did pay for a state of the art copper plant that needs to convert from diesel to coal quickly (there must be heaps of cheap coal where the plant is )

Potential cap raise again

More regular updates from management

Could discovery go broke or into default

20 million in last quarter

26 million on dec payment deferred to jan 14

This refinance seem crucial

Seems like a good deal. This stock will not be 15c in 5 years