the BoD should approve the refinancing. There is enormous demand from investors for HY bonds, rates are almost at all time lows so now is the time to lock them in. Best would be a mix of fixed rate bonds and converts. We should be hearing soon what the BoD decided to do.
I am just looking for a bottom so I can buy 5-10K more shares. I hope they spend their sale money wisely and pay off debt as well as produce. Natural Gas is going to be huge going forward. No reason this cannot be $5.00 by year's end.