I would prefer they refinance the debt even at higher interest rates and keep 100% of the cash cows.
If it means waiting a bit longer to clear debt and get back to investment grade rating.
So be it.
My read is $99 million free cash after sweep and asset debts paid down.
And if they keep the cash cows more cash coming in this financial year.
Management knock on those doors and get that debt refinanced.
I hold long term.
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