With the sale it means we are now repaying debt from $345M to $315M.
Becoming fcf +ve during this half of the year means that debt number should reduce further.
Given we have now passed peak debt drawdown, I am hope to see the removal of this ridiculous risk premium.
Hard to see this not being the bottom (even more so with the double bottom from the charting TA perspective as well)
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- Ann: Agreement to Sell Dimmit County Assets for US$29.5 Million
Ann: Agreement to Sell Dimmit County Assets for US$29.5 Million, page-46
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