One of my biggest initial concerns was the debt
However have very good terms for their debt allayed a lot of that concern
US$105 million senior credit facility at Libor plus 2%
US$115 million non-recourse facility at Libor plus 0.55%
There operating mine has similar financially to what AOH BFS indicated for its mine.
The positive is Copper Mountain is operating and generating cash now (but is carry a certain amount of debt)
There is a big incentive for Copper Mountain to develop the Eva project as soon as practical
because it would effectively double their income
AOH had $30 Million in cash but still needed about $300 million to develop the mine
and most likely that would have involved dilution in some form or another
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