Why do we even talk about "survive" ?
They will extinguish 20+% of their debt by selling 49% of an access road to a single of their operations.
No debt to be paid until 2027 either wih no covenants.
How come people think they are in a dire situation?
This is beyond me.
I'm thankful for the opportunity to top up, but I don't understand at all why the panic.
Ann: FIRB Approval and Business Update, page-44
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