not only $4.4b net debt, but there’s $0.6b IO prepayment recorded as a liability and $0.5m yilgara rehabilitation provision
check out how much their trade creditors have increased also. Their working cap is $730m worse than FY23 (pg 13 presentation)
If they had in theory paid off an additional $730m in trade creditors from a debt facility, then their net debt would have been $730m higher! It’s insane.
LC futures just hit under 70000 before. Dalian is looking sick.
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not only $4.4b net debt, but there’s $0.6b IO prepayment...
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