RE:RE:RE:press releaseAris liquidity was getting low and there's some worry about the $300 million coming due in about 18 months. Building mines is very, very expensive and Marmato is no exception. The cash coming from Wheaton is helpful.
I think once the senior debt is closed, it will be supportive to the stock price. It removes any near term balance sheet concerns, the new debt is not due until well after the Segovia upgrade and Marmato under ground mines are fully online. The refinancing will remove the second biggest question about Aris. The first one they cannot change is their mines are in Colombia.