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Jaguar Spends 60% of its earnings on interest expense & with the new $90 million convertible bond offering, these expenses will be slashed into half as well as capitalizing company to take advantage of the rising gold prices.
I believe it is a well timed move by the management & will show some tremendous support for this stock in short term. For more information visit my blog & facebook page for detailed analysis of this company!
http://holding.amijag.com/2011/02/jag/
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http://www.facebook.com/topic.php?topic=13596&post=55566&uid=138917904187#!/pages/Amijag-Holdings-Inc/138917904187