So they have the lowest costs in the world... but still burn cash doing nothing?
I realise many will be happy to hear that they are progressing with the debt facility, but all they are doing is taking on more debt, plus hopefully, by next year be able to buy back the notes (which are currently U.S $80 million).
HZN are basically going to do nothing for the next 15 months??
Just seems like they are treading water, with full knowledge they are going to have to keep doing it for a long time.
Interested to hear more positive views?
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