Hi Dargie You are right . They could not raise capital unless it was joint agreement with buying BEPPAs out and raising working capital . This would allow all excess funds to be used by the sweep to cut corporate debt. I still think that with the current investment climate they do not have to do anything for at least 2 years but at the same time they need to have the banks onside . Some direction from management is NEEDED Soon Cheers Towie
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