Does anyone else see a potential liquidity issue? $315m of $372m debt already drawn. Cash of just $1.5m. Q1 Cash outflow of $77m and likely cash inflows of $55-65m. Looks to me that they will exit the quarter having exhausted debt and around $40m cash. That seems to me as though their capital plans will not be funded.
Interested in thoughts as I have long thought that this would not be an issue.
