13. Cash Position and Working Capital (Sept 30, 2013)
• Cash Position: $29.7 Million
• Working Capital $13.5 Million
Debt—Credit Suisse Credit Facility
• Unwound gold swap position in April 2013 to reduce outstanding credit facility from
$70M to $11M.
• Current balance is $6.4 million and is on target to be paid in full by Q3 2014.
Debt—Convertible Debenture
• Crocodile Gold issued a C$34.5 Million convertible debenture due on April 30, 2018.
• The first interest payment on the debenture was due and paid in cash on October 30,
2013.
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