marksman back in, page-13

Hi RT66

Thanks for the info. I think they increased their borrowing last quarter to USD (? or is AUD) 189 million, hence the cash on hand increased. So the total size of there credit limit is 200 million.

You are right the interest payments are covered but no room to re-pay or spending on further exploration drilling.

As to production down to 5000 per day, well the problems just got a hell of a lot worst.

Looks as if the shares will drift lower.

cheers

PC43