GREY:ZARFF - Post by User
Comment by
red911on Jan 11, 2017 11:27am
106 Views
Post# 25693997
RE:RE:RE:RE:RE:RE:RE:Great news today...on debentures
RE:RE:RE:RE:RE:RE:RE:Great news today...on debentures
According to ZAR presentation...
"The proposal provides common shareholders with financing on acceptable terms, thereby avoiding the need to allocate existing cash or raise additional capital to repay the Debentures in June 2017 at time when commodity markets may continue to be depressed or when such cash could be better applied to the Company's operating and development activities."