Ann: FY24 Full Year Financial Results Presentation, page-89

If, and I mean if, CE sells assets, you would think the high COP iron mines are to go first if able.
Problem is that there's a lot of IP tied up on that/those sites for crushing and processing and will likely be subject of the offer in discussion.
Not sure MIN will get shareholder approval to offload that IP without a board spill, given it's importance to the services side of the business.
Fair chance something gets sold down - my bet is my old baby (NWE). Perth Basin majority share sold down to cover the loans taken out last year. At least the company will have a fighting chance then.
If not, then there's a lot of stranded assets with iron and lithium if prices don't recover and no gas production to pay for the overheads.
Also, that bond of USD1.25 B will be accruing more interest on offset, once interest rates fall in the USA shortly.
Unfortunately, more to fall before this company gets better...
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