Ann: FY 2020 Guidance & Updated 8 Year Life of Mine Plan, page-35

From the teleconference that was completed a very short while ago, a reporter from The Australian asked Rohan the question as to whether they need to raise capital to cover for the debt ahead. Rohan answered quite tersely, "No". Asked to confirm that they are confident they will not need to raise capital, Rohan again confirmed they do not need to raise capital.

I hope that Rohan does not have a George W Bush "read my lips" and Julia Gillard's "there will be no carbon tax" moment.

But, I think the company does have a tight space to move the first half since they are relegating much of the good news to be seen in the 2nd half of the 2020 financial year.