Post by
mingzhu on May 18, 2015 7:56pm
Tradeing of MDW likely to be suspended until Late June
Here is the reason
"We have until May 20, 2015 to cure the event of non-compliance before it becomes an event of default. We will likely only be able to remedy our non-compliance with the Senior Debt Facility by negotiating an amendment, which is dependent upon the results from the updated mine plan and mineral reserve estimate for the Pan project and is expected to be available in late-June 2015."
Any different opinions?
Comment by
testfreak on May 18, 2015 8:18pm
I hope u don't have shares. U seem very negative and concerned. News tommo my guess. But who knows. Absolutely no reason to be .12 after resource change. Down yes but .12 no