NYSEAM:SVLC - Post by User
Comment by
zinson Jul 30, 2013 9:57pm
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Post# 21640382
RE:Hey KevinF: Does Sandstorm have the $ to participate in the UG?
RE:Hey KevinF: Does Sandstorm have the $ to participate in the UG?I'm also in the camp of keeping future production and funding the expansion from cash flow and the credit facility. However in Q1 Sandstorm had over 97 million in cash, an unused credit facility of 100m and cashflow positive. Seems like ample firepower to participate in the UG expansion even with their other commitments.