RE:Financing and the futurebd007, with all due respect, I have to disagree with you on the interest rate for the new debentures. Our current interest rate was dictated to us by the banks when we had a high risk project and our backs were against the wall. Our backs were against the wall, because the original lending bank backed out of a negotiated financing at the last minute. Along with pressure from De Beers, that bank's reneging forced us to raise financing in a rush, and we had no negotiating strength. Now we have a fully de-risked project, and no lender has our backs against a wall. We'll be able to negotiate a competitive market rate of interest. For example, have a look at the rate negotiated by Detour Gold this past summer. That rate is half our rate, for a project with comparable risks, which means our interest expense should be 50% lower, and our net income should be correspondingly higher. IMHO.
Btw, when you called the CEO today, you were told that he's "out of town". I suspect that you'd get the same response if you called the CFO and the Chairman. Nobody will tell you that they're on a road show.