The forecasts show that the Sorby Hills mine can be paid off in 16 months. So depending on reinvestment in drilling and acquisitions and commodity prices the cash could come very quickly. It may even be that the cash starts to flow in dividends within the first 16 months. If the debt term is greater and the interest rates low, that could be an outcome. Endless possibilities but I can see lots of cash swirling around.
V
BML Price at posting:
39.0¢ Sentiment: Buy Disclosure: Held
and commodity prices the cash could come very quickly. It may even be that the cash starts to flow in dividends within the first 16 months. If the debt term is greater and the interest rates low, that could be an outcome. Endless possibilities but I can see lots of cash swirling around.
