RE:RE:RE:RE:June presentation on line !!Volk, yes the 2027 Note is callable in April 2023.
You currently have the credit facility and that note....in the meantime you continue to clear off the credit facility (saving interest) while waiting for the call date.
In April 2023 you use the credit facility to clear out the 8.75% interest note...and than switch to continue clearing out the credit facility debt...which if these prices hold clears completely in 2023.
If this prices continue to hold at this time next year there will be ZERO long-term notes.
We can save this post.
Volkomm wrote: I might be wrong on this and confusing these notes with MEG's.
But I had thought there is pre-payment restrictions on the next set of notes and they can't do anything until April 2023? Not to say they can't stockpile the cash until then and focus on buy-backs in the interim.