RE: RE: Just my opinionYou're absolutely right. They get the $120M up front to get the mine back up to snuff, which is what is needed to be done to bring them up to speed. They'll have plenty of working capital to get things done and acheive the potential of the mine moving forward. This needed to be done a long time ago. You can't mine the gold if you don't have the capital to get it out of the ground or keep the mine properly operational. This should also be a big vote of confidence for the market that DB is willing to do this deal.
I own another junior miner that did this same thing with DB last Summer. They paid down their debt, got their ducks in a row and are profitable now. This is a good move from this managemnet IMO.