Re: NR - Liberty Arranges US$32 Million Secured Notes Financing
in response to
by
posted on
Oct 01, 2008 06:28AM
Producing Mines and "state-of-the-art" Mill
Well now that you are back Sarlock, clean up this mess, and don't leave again! ;)
Thanks for sharing your views, I agree with your assessment of the financing. It is expensive, but necessary and it removes a big question mark.
The price of nickel is very concerning though. In my mind, there is more downward pressure than upward still, and I believe like Citigroup's, a lot of the forecasts for higher prices are going to be changed and reduced given the world economic climate and events since those forecasts were made.
Cheers,
Bluenoser