Yeah, capex for multiple growth initiatives, but current cash is AUD$250 mill, and will likely be close to $500 mill at end of this quarter, thus plenty of options as said.
At end of this quarter, the balance sheet will be looking very lazy, and on that note, do you think its wise to retire debt, given repayment is not due until Sep 2025, cost of debt is low relative to the gains that would be derived from recycling equivalent cash to growth initiatives, such as POSCO JV
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