RE:RE:RE:Financing and debt is killing ARpsych01 wrote: G. Rather simplistic notions in a situation of extreme financial complexities imo, the gist of it being that if enough money no matter how sourced is infused, AR must therefore succeed. Since the beginning ---Magino must be built come heck of high water--they have sold investors down the river bit by miserable bit---NSRs, forward sales, dilution and of course more ways but you get the drill. If anyone has the time and interest to research Magino history, do so as due diligence---it is a tale of sorrow. Pending debt financing imho will be consistent with the historic narrative, perhaps at best give faint hope on the merit of current POG which can influence arrangements in ways unforseen even weeks ago. IMO
yes some big missteps by previous management of AR but Young has brought in people that he worked with at Terenga and has started to build his own management team to make this company what it should be.
he has been on the job for a arround year now and there are no magic wands he has done a excellent job so far and i have confidence in his team to do what needs to be done at the least amount of pain for shareholders of AR ( lets not forget that he and his wife just sank a boatload of his own money into this company)
and yes POG on the rise will certainly help as it pertains not only to making AR profitable with the last guidance but will certainly help with getting better financing tearms. they said they have 3 options pretty shure they will pick the most advantagous one .