RE:Debt - 11 million due August 2022Hello and good morning Longs. Hope everyone is doing well and staying safe.
MM, while FT does have some debt that is going to be called shortly, I would not classify that debt as significant especially on deposit potential of $4 billion plus.
For the record, I would also note that most juniors have some sort of statement 'that indicates there is a degree of 'going concern' - after all that is what the world of junior exploration companies are all about?? No?
For the record most of us have been here for a few years on average, and have borne witness to many of the ups and downs of this company. I may not always be happy with the lack of news or the company silence, but I think the original feas. study was too compelling for me to wind up my investment. Good or bad, we know that something will likely give over the next short time frame.
I believe that most of us here are betting that after years of radio silence, things are coming together for a deal of some sort. IMHO
In any case it is really a great relief that you don't own any shares so that you spare yourself the suppossed grief that is coming for the rest of us!
Stay long gents,
Yellowknifer