Ann: Acquisition of Daunia and Blackwater Mines Completes, page-33

Marky - on back of envelope mathematics, WHC can sell down a stake in the Blackwater & Daunia assets and retire the debt funding they took up to acquire those assets. This is only possible due to the unique situation WHC found itself in over the past few years where the surplus cash generation was extraordinary..Thereafter, the contingent / deferred payments can be taken care of incrementally as they arise, via cashflow generation - don't forget the cashflow generation from the pre-existing WHC asset portfolio is significant. Combine this pre-existing cashflow with the Blackwater & Daunia cash generation and the deferred payments will be like hairs on an elephant's ass mate..