GXY 0.00% $5.28 galaxy resources limited

If the company has no debt why does it mention in the...

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    If the company has no debt why does it mention in the announcement that the impairment does affect banking covenants? What covenants?

    Is this a mistake or am I missing something? I'm genuinely curious what covenants the announcement refers to.
 
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Currently unlisted public company.

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