GREY:VITFF - Post by User
Comment by
RdlBamaon Oct 13, 2021 5:37pm
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Post# 34003033
RE:In all scenarios Orion is taken care of
RE:In all scenarios Orion is taken care ofHuman7, I believe Orion is not happy because McConnell r3fus3s to pay a meaningful dividend and McConnell is more concerned about BYN then Vgcx shareholders. By 12.31, the revolver should be nearly paid down. Sustaining capital about 45 million and there is no dividend but there is monies to invest in Byn? What the @huck is going on? Vgcx's other bank debt is paid off in two years and the quarterly payment is about 8 million. I could careless about the CAT loc which is 34 million. Production at a minimum next year should be 200,000 oz and who knows gold maybe 1900 an oz. But no dividend!!!! Vgcx is a cash flow machine. Take look at Cour's top Mgment, they are financial types. They can raise short term debt. I think that they take out Vgcx at 22ish a share.