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First Uranium Corporation T.FIU



TSX:FIU - Post by User

Post by uranicynicon Apr 23, 2012 2:46pm
166 Views
Post# 19825309

Other thoughts

Other thoughts

I too have considered paying the 2013 debt first. Assuming we got 150m for EZ and made some noises that we'd pay off 2013 debt  we'd probably see a rapid rise in SP. Remember the higher the SP the less dilution. Also with cash in the bank and threatening to issue shares to pay off the debentures we may find the debt holders more agreeable.

 Getting back to the Russian offer it is imperative that we remove all the guarantees and escrow conditions from the deal.Those terms should never have been agreed to in the first place.  

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