OTCPK:CPPMF - Post by User
Comment by
kickhorseon Oct 06, 2022 12:37pm
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Post# 35009760
RE:RE:The Good & Bad
RE:RE:The Good & BadThe long term debt, by memory, is about 250USD. With an interest rate of 8% that works out to about 25MM cdn a year.
The financing at 8% looks pretty good in the current interest environment.
When due in 26', the new mill should be up and running. With the expected cash flow the amount to refinance will likely be less and the cash flow will cover.