"the capital repayments on the $400m of loans will start to weigh heavily on the SP. There is a two year window"
Good morning cafa,
If they make only 3.6Mil in FY2014, they'll have to net at very least 100Mil in FY2015 + 150Mil in FY2016 to squeeze through without a CR, on condition that the SP can comfortably stay above $1.15 by mid 2016. Might be a tight call.
aussie $ collapsing = rising ree price, page-44
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