GUF guildford coal limited

sell to me if u like. ill take them...for 3c!! $100m debt is...

  1. 4,343 Posts.
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    sell to me if u like. ill take them...for 3c!!

    $100m debt is peanuts. we have $5m still to come from the equity raise, but yes, need temporary cash

    which coal miner doesnt have debt? they all do - and alot of it. if you are going to bail on that level of debt, u shoudlve bailed a long time ago. A simple debt restructure and back to BAU.

    cant wait until i stop hearing, sky is falling, for a meagre $100m. U think Maori asset mngt cried when they took on the underwriting @ 6c? or noble when they keep working together? its big $$$$ for all of them. 3mt per year ramp up is a healthy $40m net, YES NET to pay down & service debt.
 
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