13 cents --if we are lucky. This is how I see things-- They have...

13 cents --if we are lucky. This is how I see things-- They have 350 mill in iron ore prepayments to square off this financial year and at a guess roughly 100 mill a quarter to put away to help with the Firetail replacement costs. The big loan will be repriced by March and rolled over so it would not be financially smart to borrow another 1.5 billion dollars to fund Firetail (unless they have paid more debt off in the meantime)replacement when they could have had the cash instead of paying it out in large unsustainable divs.
Not concerned with the debt loading at the moment but would not like to see it increase.