Forecast for next year looks interesting. More debt repayments and cashflows.
At this rate it will take 4-5 years to pay off the loan.
At some point it would be better to sell Frieda and buy Ramu.
Sell Frieda to Ramu partners. Payout Ramu loan. Get 11 percent Ramu at current run is worth $30M pa. Quite interesting for company with MC of $90M.
Although Frieda can be diluted for $25M for 1 percent reduction in interest.
Not sure if value of $500M is obtainable.
Forecast for next year looks interesting. More debt repayments...
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