How will they manage debt repayments? Easy - read my previous post. They have enough cash to pay off the difference between the gross debt of $142m and the two main secured deals (Middlemount and Silvergrass) which account for $105m of that debt.
After 30 June the debt should amortise in line with the cash flows from these projects. The $37m gap should be able to be funded from pro forma cash of $65m.
It won't be pretty and if they don't win new work will just muddle along trying to meet debt repayments. Also, I think it will be difficult for them to win new work with such a poor BS. That's why I think they should re-cap or put it up for sale.
But unless they lose Middlemount they should at least be able to service their debt (although not much more than that).
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