COH end of third quarter 39m . COH 4th quarter 61m. production increasing, production costs Way Way down for next year, expect to have enough cash earned next 12 months to pay the 80 million and if png picks up quickly have extra stand by 50 million facility on hand plus expect 40 million COH this time next year.
Basically Banks Happy , Major shareholders happy, And I am reasonably confident that they will not allow an agressive takeover to take place.
Ann: Quarterly Report Presentation, page-11
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