Luatrec,
Your explanation & conclusion is spot on despite what others say.
The company is capped at around A$100m with an asset value
based on previous gas asset sales in the area making it worth in excess of $500m, so a loan of $30m is a very conservative "loan to value ratio" - a rollover should be easily secured.
rebound!, page-13
-
- There are more pages in this discussion • 28 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)