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Arcan Resources Ltd ARNBF

Energy Oil & Gas E&P


OTCPK:ARNBF - Post by User

Arcan Resources Ltd > Shares are worthless
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Comment by puntabeachon Jun 04, 2013 3:35am
285 Views
Post# 21479695

RE: Shares are worthless

RE: Shares are worthless

zeus55,

 

The  bank  debt   can  be  replaced  with  convertible notes.  This  way,  ARN  will  lower  its  financing  costs.  Thus,  the  bank  debt   is  not  a   big   problem   although   it   is   not  negligible   either.

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