Ann: September 2021 Coal Sales Update, page-12

They've kicked it down the road for over a year - 99.999% done. I hope your right on the new deal, but if not, they still have the old bond to fall back on. It will hurt financially for a while but if ever there was an opportunity to substantially pay down debt - not take on more!!, then this is it. Time to get this SP moving forward, instead of this holding pattern. The coal prices won't last forever and they need to cut debt by 90% for when the inevitable price drop comes. Then with low costs at BA/SA they will be able to weather the next downturn and perhaps look at other aquisitions. They have one ace up their sleeve in SA mine export capacity. If they get to use it this year, the EBITA would make this the cheapest coal stock on the ASX.