RE:RE:Debt is almost GONE !!Oh man, how can we help you with your basic reading and comprehension?
Could you please point me to the $100 million gold loan on the balance sheet, nothing points towards such a commitment payable in 2 to 3 years? Are you maybe refering to the convertible notes payable March 15, 2022? Have you failed to notice the cash balance of $209 million? If you read the cash flow statement correct you notice that only the regular down payment $16.7 million was made in Q1. The $38 million payment was made in Q2 as it is indicated in the statement.
March 31
Cash balance $209
revolving facility $ 38
term facility $116
convertible notes $ 95
total debt $249
The remining $40 should be in the bank by July 11, 2021, and a $100 cash reserve is possible by January 2022. So much faster than the 4 years you propose...