Few question

IO price will go up and down, which a small miner like AGO (now even FMG) cannot control. In this business you have to be either super big like RIO or should get act together prudently before sh_ _ hits the fan.
Now that has happened, quickly decide,
1. How to reduce debt from USD 270 mill
2. What can AGO sell and realise short term
3. Once they know the balance debt o/s, can they change the covenants linked to only one mine, so the business survives in another downturn
4. Whether the IO made to premium grade (62%) as current attracts significant discount.
5. Cost cutting incl corp overheads. Will the top guys reduce their benefits by 50% voluntarily