Gold price, page-13237

During March quarter, the company paid A$14m, comprising $5m to Santander and A$7.6m to MACA limited.
During June the company amended the Santander- Itau debt repayments, previously $5m per quarter for four quarters , to the following:
$2.5 m July
$2.5 m January 2018
$2.5 m July 2018
$2.5 m October 2018
$5m January 2019
$5m April 2019
It was intended this way to allow for financing the plant upgrade from internal treasury.

As of end of September 2017, the company has A$18.1m
Minus $2.5 (A3.25m) paid in October to Santander

The company may have:
A$18.1-3.25 and the net will be A14.85m
Plus
Expected profits from December quarter around US$36m
The plant upgrade will cost US$27.6 m

You work the maths and you will find that the company has no issues with its debts and December alone can pay for the plant upgrade and together with the existing cash , it will be debt free.

The repayment schedule is affordable and strong positive cash flow after December should see Beadell resources a very profitable company.

All these figures from previous quarter announcements, not sure about you figures.

My thoughts, Sydney