Ann: Trading Halt, page-11

The finance facility is $100m USD at a fixed rate of 8% (from memory). It’s actually a very decent facility. I know for fact that it’s totally unhedged and that means the recent strength in AUD has been a good thing for the company. Even though concentrate sales are denominated in USD the relative numbers in terms of offset (natural hedge is what the company calls it) is relatively small.

There is zero chance that a new facility will be on such favourable terms.