I think i got the figure right, this sales of 100,000 tonnes if fulfilled will generate about 49M based on the table below in announcement in Mar 20
Then the debt and cash in bank
Effectively, after this sales we should be able to fully repay the loan of $53M and have a positive bank balance of about $40M.
HOW GOOD IS THAT, Debt FREE and with a good bank balance?
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- Ann: SECURES SALES AGREEMENT FOR 100,000 TONNES HMC
Ann: SECURES SALES AGREEMENT FOR 100,000 TONNES HMC, page-5
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