"I now think odds are in favor of new financing." Could be. But when they start talking about exploring strategic alternatives its time, in my experience at least, to start flipping coins. Their loan from Hale Capital is on poor terms for MDW and speaks volumes as to what terms any new financing might have.
I hope the 832 per ounce production costs which includes "paying the bills" still holds true. 1200 per ounce still puts them in a very profitable situation. Keep out fingers crossed.
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