Good effort GT but slightly off the mark.In actual fact to repay...

Good effort GT but slightly off the mark.

In actual fact to repay the debt they don’t need to make a profit of $32 million in that period.

They just need to have to have a cash flow surplus of at least $22 million over the next 5 quarters based on their current bank account at $10 million after the recent funding drawdown.

Thats a cash surplus of $4.4 million per quarter. I’m sure IMC will be flexible on amortisation if production gets back on track.