Ashleywd - exactly my thoughts.
Mgrath nicole has merely made an observation that with current cashflow debt cant be paid till May 2018 - No one expected them to pay this debt by that time any way.
restructure also means that debt to be paid in 2018-19 to be spread out to 2020 and beyond to give company breathing room
This is Bryce Houghton's job anyway to navigate these waters and find a solution for the long term sustainability of the company
At these levels issuing more shares in any form is not going to be profitable for any party.
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