Financing prediction... only an opinion, what's yours?
Will close the 2nd half of this month for around 40 million. In my opinion, there will be no white knight such as Veolia or Glencore participating. There may very will be a vulture capital firm involved, or two, and it could even be in the form of well heeled investors. The terms will not be favorable but more like a last resort type deal. That is just my thoughts.
There should be some lift in the sp as we get close to the the middle of October, and an opportunity for day traders. Buy and hold investors might wait a while longer to see if the lift is short lived or not. Shorts will be standing by looking to see if lightning can strike again for them. This time with the new discipline introduced by Mr. Kelly in place, hopefully they will get their heads handed back to them on a platter.
That last is a fervent hope from a long who came in at $1.73 and then saw the shorts immediately spring into action. I may never get my money back so it's okay with me if the shorts get slaughtered, I will sure get my kicks watching the bloodbath, if it occurs.