Todays news releasescrowflight:
News
aberdeen:
news
Especially the Crowflight news is fascinating.
'Thinkzinc' put up a question on the crowflight board concerning this paragraph and the exact significance of the italic jargon:
Crowflight's new debt outstanding under the restructured facility isCdn $7.6 million, which is repayable to the Lender over 2010, 2011 and2012 in equal quarterly installments.
As a part of the restructuredfacility Crowflight will make mandatory quarterly prepayments to theLender equal to 40% of after debt service project cash flow during2009, falling to 15% thereafter.
I am still underwhelmed by the achievements of S&J but management seems to be determined to go ahead - hoping they know best, I wish you all the best in minimizing investment damage/maximizing investment gains.
Regards