Assuming the top end of the Cash costs range of USD41 or AUD57 (0.72 AUD/USD) then IF we see any upside in the IOP next year to say USD51 then this will repay AUD150m of the new debt stack of USD135m or AUD187m at 0.72. Not completely implausible that this company is debt free by end 2016!
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Ann: Atlas signs debt restructure agreement, page-73
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