Free cash flow for 2016 roughly forecast to be $70m improving to $100m in 2017. Net debt burden at end of 2016 expected to be $236m. That is, debt to free cash flow at roughly 3.3 times, not low. Debt repayments for 2016 understood to be circa $50m, which compared to $70m free cash flow means room for additional slump in earnings makes it real tight for banks in 2016. This is the concern here.