RE: RE: Standby commitment
Ark,
Thanks for your input, always pertinent and educational.
What does the existence of either form of these warrants say to the market? In the event we need some more operating capital, we have put this facility in place to accommodate that need. Given this was announced before the sale of the Lossan property, I get it. Now that the 40M is in the bank why not just abandon the standby commitment . I believe that, in itself, would be a huge boost of confidence to investors of all sizes.