RE:RE:RE:RE:RE:RE:RE:RE:Q1 2019 releasedfellowship wrote: Hi Matt,
In one of the emails you mentioned company is actively looking for NCIB.
From the company presentation it seems you are only moving this option further in the future.
Why ?
Thanks
Expecting reply...
Because their debt covenants do not currently allow for buybacks.
Right now, their focus is on lowering the cost of their debt.