TSX:LSG.DB - Post by User
Comment by
ts9222on Aug 02, 2015 7:30pm
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Post# 23983995
RE:RE:ts9222
RE:RE:ts9222Paid down to $260m here
https://finance.yahoo.com/news/endeavour-mining-q2-2015-aisc-210000760.html
"Based on the strong results in Q2 2015, a $20 million advance principal payment was made in July to further reduce the drawn amount on the revolving credit facility to $260 million"
That negative was a non-cash writedown of assets which many miners also did. If lsg didn't do any writedown of assets after gold dropped so much then lsg is doing something wrong.
edv is generating a lot more cash than lsg.