Free
Message: Re: What does everyone think of the news just posted?

Neil and Corner bringing good points, I was thinking same thing as Neil point out: “…What I like most about the Note issue is that the C-O free cashflow can now be used by LAC to fund expansion in Argentina, rather than being obligated to pay down the existing Ganfeng/Bangchak debt (as is presently the case). 

As we know LAC spending money to buy Millennium and a lot of “going on” with Arena Minerals, would not surprise if they don’t buy them either , so LAC does need cash. 

On a side note, I have hard time to get in touch with Okiedo(original Hub leader) by PM or personal email, I hope he is OK.

Share
New Message
Please login to post a reply