best gold stock 2011, page-17

Hi Gutumike
How do you calculate that the debt will be paid off in one year?
ATM I can't see any unscheduled payments being made aside from the 30m from the sale of the coal which can only happen once.
All 20m profit from last quarter disappeared without touching the bank account or the debt.
If gold hits $2000 AUD and stays there then you may be correct.
So lets hope the Labour party keeps racking up the debt and taxes - then interest rates may go down and the AUD plummet.
Then NGF may rise out the ashes.

Otherwise it looks IMO like debt will be paid of in 3 years
Rumot