Debt refinance sorted and this will fly...
I sit on the side of the fence where I am hoping for a script offer to reduce debt... With coal prices at historical highs in AUD, I would much prefer the company being in a position to grow through their various tenements and acquisition (or to return to shareholders in divvys) than to spend the best part of FY19 & FY20 repaying debt... I know it will result in dilution, but at historical high coal prices, now is the time to offer script while our FCF is so high... All IMO, but imagine the $50M FCF with zero debt!!!
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