Just watched the Alan Kohler 'Inside Business' interview and for...

Just watched the Alan Kohler 'Inside Business' interview and for me the interesting thing is that Rowsthorn suggests not all the money raised will go into debt reduction - he is quite specific on numbers and talks about raising '2.350' billion and having existing debt of 4.8b but only vaguely talking about ending up with debt 'just south of 3b'. I had expected that all but about 50m for working capital would go toward reducing debt to 2.5b. I do wonder whether they have alternate expansion plans? Shareholders really need to be told what this circa 500m will be used for - especially as it represents a capital raising amount equivalent to 15% of the entire company.