Any hope here?We have seen the SP drop, drop, and drop again. Whats going to happen to pay off the debt that matures in may...another offering??? Should i average down, cut and run...or wait for gold prices to hopefully go up with the jackass trump in office.
Primero has $50 million drawn on its revolving credit facility that matures on May 23, 2017. The Company anticipates renewing this facility, but in the event full repayment is required, cash generated by operations may not be sufficient to repay amounts outstanding under the revolving credit facility in full at maturity.