So question for @miningnut if the current price levels hold through to the end of the year and the muppets steering the ship take the only logical approach, which is to pay down as much debt as possible do we get to <$90m of debt by Dec 31? If that is the case what do you think a fair share price is $1.50?
Was it the company that said each +$10 generates $100m of EBITDA per annum. If that is the case we should be printing money if this price surge pushes into next year. Now I would hope the company effectively goes to $0 debt and puts some away for the Aus expansion plans but still.
So question for @miningnut if the current price levels hold...
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$1.19 |
Change
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Mkt cap ! $1.986B | |||
| Open | High | Low | Value | Volume |
| $1.19 | $1.20 | $1.18 | $3.376M | 2.839M |
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| No. | Vol. | Price($) |
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| 6 | 199815 | $1.18 |
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| Price($) | Vol. | No. |
|---|---|---|
| $1.19 | 10468 | 1 |
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