GREY:ABGFF - Post by User
Comment by
dr_airtimeon Apr 13, 2012 3:39pm
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Post# 19792143
RE: American Bonanza Gold Prepayment Facility
RE: American Bonanza Gold Prepayment Facility If you divided the total cash infusion by the number of ounces to be delivered the break even POG was ~$1528 or the intra-day bottom in gold following the selloff from the run to $1900. This was quite studious on lenders behalf, but terms of loan were otherwise pretty good.