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Congo Mining

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Congo Mining

Re: Uranium post# 152

Wednesday, 10/12/2016 7:54:58 AM

Wednesday, October 12, 2016 7:54:58 AM

Post# of 4540
With MEMP I've got 60k face on the bonds.
& I'm in the common pretty heavy but I've got a hair trigger on my sell decision if there is any problem.

They have a bond payment on NOV. 1 and the credit facility is under review now.
They are hedged till 2019...the hedges should buy them another year IMO and that should give oil enough time to recover.
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