Ann: Trading Halt, page-10

interesting pick up guys - I stand corrected. Could be something else too but I would be very surprised if not a part of this refinance includes raising more money. This is a cash cow and they would no problem getting takers. They also have relatively low no of shares on their book.

Remember not long ago noble converted their outstanding debt to shares at 75c a pop

Its also not all bad to do capital raise to set the balance sheet right. Opens up a whole heap of options for them for chpp development, springsure and fernlee expansion.