Yes, if they are forecasting to repay US$30M+ by this year's end...

Yes, if they are forecasting to repay US$30M+ by this year's end (based on today's oil price) - debt should be fully repaid by end of 2016.

That leaves more than 8 years of Manora cash flow debt free.

Oil price is just going to go up for the rest of the year, now that US refineries are coming out of their Spring maintenance, shale oil productivity quickly going down, and more oil rigs closing down.

It would also be nice to set aside US$5-10M a year for fully franked dividends. That will surely boost the share price. Troy might even make a profit on his performance rights for 2016.

And it would be in the best interest of CY to withdraw his Board spill, he will make a healthy profit quickly.