Hecla Mining Co (HL): Because for 1/2 of 1% you now have 7 yea...

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akgoldminor

Re: drobx post# 4421

Friday, 02/14/2020 4:37:02 PM

Friday, February 14, 2020 4:37:02 PM

Because for 1/2 of 1% you now have 7 years to pay it back versus 1 year. I'll take that deal any day! Stretching out the payment period lowers the annual interest expense, thereby improving cash flow.

AK

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