Definitely not excellent. 1.55b in US debt based on recent numbers I've seen is likely to be 140-150m US per year in repayments, that's $100US per tonne of Spod, plus having to repay that debt somewhere down the line. Always think it's a red flag when assets are getting loaded up with debt when they should be able to fund the capital works through free cash flow.
Hindsight is perfect sight, but I wonder if not paying that debt off during the boom in prices might have been an oversight.
Definitely not excellent. 1.55b in US debt based on recent...
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Last
$5.72 |
Change
-0.130(2.22%) |
Mkt cap ! $4.331B | |||
| Open | High | Low | Value | Volume |
| $5.85 | $5.91 | $5.70 | $24.52M | 4.253M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 8696 | $5.72 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.77 | 2500 | 1 |
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| Last trade - 16.10pm 03/10/2024 (20 minute delay) ? |
| IGO (ASX) Chart |