Hi All, just want to creat a thread to raise some discussion on AFG's recent announcements,hope anyone could help with my queries.
1. On today's announcement, Allco mentions the Tehachapi Wind sale will bring a total reduction in debt and contingent commitments of A$201m, is it a dramatic achievment for Allco and where is this A$201m coming from?
2. On Its 17th June announcement, ALLCO indicated that the Techachapi Wind sale will reduce a senior debt level of A$675m by 31 July 2007. As at today's announcement the senior debt level is estimated at $A691m at that time. Could anyone explain is it difference due to currency fluctuation or any other reasons? What will influnce Allco's current situation?
Any comments or suggestions are appreciated, Thanks in advance!
queries todays announcement
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