It's 33 million 8.25 paid in instalments every 6 months for the next 24 months easy done otherwise they get nothing simple let's move on from that one.
Now notes only refinanced 9 months ago the notes have a mature date of 2023 so the noteholders will support a recapitalisation knowing they will receive interest payments on that 250 million for the next 6 years better than calling VA and receiving 37 cents in the dollar when the company could have a successful recapitalisation and can always call VA anyway in the future if interest payment fails.
Discount wood and oil get sales going, cash flow coming in that is what management are doing now it takes time but will happen.
For the revenue qin can produce and the market capitalisation it had $250 million US debt isn't actually that bad I know of ASX listed junior miners with a market cap of 30 million and $150 million US in debt mining a commodity with a price currently lower than its C1 costs.
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