Ann: Trading Halt , page-15

Hi Oz
dont quite follow you
as we only got an overview of the recomendations from the SR
i havent gone back and had a look but i was sure that debt levels were percieved to be a drag on the sp and although i do remember partial assets sales being mentioned as a way to reduce debt i have no doubt that a capital raising would have been discussed.
IMO not really a good idea to release that you are 'considering' a raising until you have committed to that course of action, imagine the impact on sp if that 'idea' had been hanging around since review was released.

payment of debt from cashflow,whilst serviceable, must surely be hampering the companies growth prospects by reducing exploration activity. I am all for debt reduction if it will help alleviate the impass in the sp