HIG highlands pacific limited

No. Pretty much up and down the line as expected, but good. What...

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    No. Pretty much up and down the line as expected, but good. What was interesting to me was a statement on page 29

    • Maximise cash flows from the Ramu nickel / cobalt mine

      through optimising our debt structure

      It's always been stated and accepted that the debt would be repaid from cashflow but I have always wondered if this is right. If we sell Freida could we not repay the debt from there. Or refinance it thru Macquarie or someone. Of course we would have to a pay a higher interest rate but our share of Ramu would go to 11% which should more than cover it.
 
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