March 31, 2013
Repayments of Westpac secured loan
Proceeds from Pacific Rubiales Energy for interest in PPL237
(Repayments of)/proceeds from working capital facility
Net cash generated from financing activities
From a quick glance, they took the PRE money to pay down other debt. It is not going to cover much of their responsibilities for drilling Tri.
Am I missing something here?
No, the deal $$$ will cover that part.
Sentiment: Strong Buy