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Newcastle Minerals Ltd A.NCM


Primary Symbol: V.NCM



TSXV:NCM - Post by User

Comment by Realnewson Dec 02, 2020 3:13pm
167 Views
Post# 32019702

RE:RE:How the heck is Perron going to pay down so much debt

RE:RE:How the heck is Perron going to pay down so much debtDidn't they also pay off the Stream Agreement for $237 million and the $100 million dollar debt already noted.  So in real terms over the last two years at a much lower gold price they paid off rougly $337 million and still have $175 million cash on hand. So with current gold prices paying off the remaining debt seems very doable. 
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