So it seems the Taurus debt is definitely on track to be completely repaid by its final due date and that’s if the status-quo of operational activities remains. If there were some luck to go our way with a decent increase in the spot price of Coke & thermal over the next several months, that $15mil net cash could very easily increase by 50% over the next couple of quarterly’s.
It’s just a shame they’re starting from this position and that the operations weren’t managed in the current manner when Coke & thermal prices were seeing all-time-highs.
So it seems the Taurus debt is definitely on track to be...
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