Given from the figures above the maximium net debt position Jan 2017 is $40m.
From the figures in first post net profit Dec 2016 quarter say $60+million.
Now I've had time to think about it, I'm thinking they'll go close to a zero net debt position end of January 2017 when they announce Dec quarter figures.
$80m cash on hand, $80m debt to be paid.
I'll be shocked if there isn't a TO attempt by June 2017.