Yes, saw that.
They should be able to payout the notes ok, plus fund their FY2016 estimated G&A+Capex of ~USD50m
However, imo it require tapping into the USD50M accordian tranche if Brent Crude averages under USD50/brl. So the net decrease in debt after paying out the USD80m notes might only be USD50m, for example.
Going in the right direction though.
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Yes, saw that. They should be able to payout the notes ok, plus...
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Open | High | Low | Value | Volume |
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27 | 1856779 | 0.175 |
Price($) | Vol. | No. |
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