RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:1st day of trading. Pre markets up. Gold is up. Curv
I think the revolver interest expense very possibly will not be a material issue going forward. My belief is RCF balance is now less than 10 million, and possibly paid off as of now. The wild card is how Vat refund played out. Maybe mexico paid half of 21 million owed to P, maybe they paid it all or maybe P sold the refund for a steep discount and collected maybe 15 million in proceeds. I am in no way predicting P survives but I am all about baby steps here. We will see if it gets paid off or they get an additional credit line backed by W.