Deal or no DEAL?26 Mar 2021 07:17
By the 21 June 2021 the Bond holders will want their 30 Million Euro. If there is no deal the company cannot continue if you add the Moroccan tax demand of $14, Million. So at least 40, Million in debt and perhaps more. So it is do or die and a deal must be announced by next Wednesday to keep the bond holders at bay. But they already indicated they do not want to play ball or renegotiate loan repayment. This is a dangerous game.