re hrattleit will be debt only
i've spoken with them months ago and told them sandstorm would be a good option, but they will go for debt because if gold prices go up you don't get a bigger return, off cours the interest rate will not be low due to old history of amc but still a big winner if pulled through which will be annouced in q4
the only thing why they can get debt at this stock level is a good link with finance institutions (francois perron) has it and off course the more than splendid IRR % because they don't have to build a new complex just refurbish it.
100 000 at 1000$ pos cash flow makes a lot of money comparing what they do now,
the last bad story will be Q3, q4 breakeven and snow lake financed from then on nobody will look at the past and move on together with share price, than next year reverse split at much higer share price with 10-15% dilution.
this wil fly if snow lake is financed otherwise dead company
it will run up a couple of days-weeks before the announcement so you can't wait to get in this is always the case in small stocks like amc