Why can't you answer the question. Why do most people on here believe it will be used to pay down debt?
There are no buy backs in the immediate or medium term future from my understanding.
eral says on Friday 19 July
"don't worry
the sell down will knock the debt off completely
I've heard they are pushing 30%, which will sell for over $US1b
That leaves one good year to account for the remainder of the new mine's assuming prices don't tank
They aren't acquiring anything else- watch for buy-backs coming up"
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$6.69 |
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Open | High | Low | Value | Volume |
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---|---|---|
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3 | 1732 | 6.670 |
6 | 12340 | 6.660 |
2 | 3110 | 6.650 |
1 | 200 | 6.640 |
Price($) | Vol. | No. |
---|---|---|
6.710 | 300 | 1 |
6.750 | 3000 | 1 |
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