RE:AkibaNot sure I understand the question. The NCIB was always 2nd priority to debt repayment which itself was always 2nd priority to exploration and growth expenditures. Of the $35m or so in mine OCF we've generated since the mine turned on, around 400k was used for the NCIB for 2m shares. It really is there to provide liquidity in case our valuation was out of whack with our peer group rather than as a major use of capital. That is, until the debt is repaid.
The decision for principal payment vs. accrued interest payment was to avoid paying the attributable gold bonus (as that's calculated on the basis of principal remaining). There are some other advantages to doing that as well, but this was designed to minimize interest costs. Wexford and Mako would like the debt paid off as quickly as possible, and to the extent flexibility is required, wexford is happy to provide that, like they just did with the extension (at no cost).