They might not be able to afford the finance charges but seeing they're going to net 13-15 million profit for 08, that risk is small unless the subsea market dries up later this year. The 15.5% interst rate on the Mako debt can be brought down I believe to 12.5% if no warrants are involved. On the new debt we'll know in a few weeks how it is packaged but I trust manageement to find the best deal out there for the company and close the deal.
Market Data 
Markets 
AI
