The free cash flow this 1/4 provides the money needed to finance increased productivity. If it is used to pay down debt it means the hedge position will continue to be greater than 50% of produced ounces.
Increase the ounces produced = greater free cash flow and minimises the potential for further CRs.
It makes sense that only the interest be paid this 1/4.
The free cash flow this 1/4 provides the money needed to finance...
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Mkt cap ! $93.67M | |||
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