Ann: Maiden Resource to underpin Nullagine Restart, page-141

DR continually alludes to it as a running theme throughout that recent Crux interview. There were essentially two key messages:

1. Imminent restart of Nullagine
2. We want to pay off the debt and clear the hedge as soon as possible

Why? Well, the longer (and larger) the loan principle hangs around, the bigger the burden of interest repayments.

Hence I believe it would be feasible/possible that the company opted to bounce the agreed loan repayment break, given the strength and size of the equity raises, but kept the hedge break to increase exposure to spot in this quarter.

We'll see soon enough.