The management proof themselves again. Another tick from me.
One thing for sure. We did not sell the cawse power station for a loss. But with a profit of close to one million. Also from the ann. It seems that this power station is a trouble child for alinta for a while. So let it go.
Also we can wipe this particular amount of debt off our loan books. Hopefully it is with one of the hedge funds. So we can pay off this particular amount of debt at a discount as well. Plus free up of additional of 17.5 millions cash flow for other business operations and opportunities.
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- cawse sale at a profit - well done.
cawse sale at a profit - well done.
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