The total debt would be close to $800M now but it is the immediate debt imposed by EdF of $277 that caused VA, presuming that the 2017 and 2020 bond holders were agreeable to both restructure plans. The $60M refinance through Deutsche Bank has covered NedBank's $20M and provided running expenses. Immediate debt could be covered by sale of LHM and a restructure that satisfies bond holders. Without an income from profitable mining, long term debt could be serviced by asset sale, Michelin and SMM being the most valuable assets to draw on. At present, PDN's fate is in the hands of EdF and CNNC, otherwise it would have been back up and running by now.
Areva NewCo takeover, page-11
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Last
$11.66 |
Change
-0.170(1.44%) |
Mkt cap ! $3.487B | |||
| Open | High | Low | Value | Volume |
| $11.80 | $11.89 | $11.49 | $34.10M | 2.930M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10 | $11.66 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $11.67 | 6642 | 1 |
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| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| PDN (ASX) Chart |