They might be able to next year but to conservative financial institutions, WAF is still a risky play in a risky country so a higher rate of interest is warranted in their view. Once WAF has established successive quarters of regular production and cashflow then refinancing would definitely be an option. Or - as Richard said on the last quarterly conference call - they print so much money they just pay off all the debt by end 2021!
Ann: WAF Completes US$25m Early Debt Repayment, page-5
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Last
$1.74 |
Change
-0.050(2.80%) |
Mkt cap ! $1.974B | |||
| Open | High | Low | Value | Volume |
| $1.74 | $1.76 | $1.71 | $7.908M | 4.574M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 118206 | $1.74 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.74 | 26920 | 2 |
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| Last trade - 16.10pm 30/09/2024 (20 minute delay) ? |
| WAF (ASX) Chart |