I believe the last reporting on the debt was it being at 7.4M AUD, though it's in USD so depends on the exchange rate to some extent. They have likely reduced it further since then I think but who knows, depends on those final gold numbers that no one knows about. They had 3M cash when they did the CR, so should have 8M right now and they just did a gold pour so that will generate more cash (unless that was factored in at part of the 3M). They have enough to pay it back right now but obviously are going gung ho on drilling.
Balance sheet continues to strengthen due to continued cash generation and debt repayment – Net Debt at 31 December of A$7.4m (reduction >A$1m vs 30 September)
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Ann: Resource & Production Update - Completion of Phase 1 Gold, page-9
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