Two weeks on from the ann that they have almost dealt with the bonds and a month short of the due date, yes the market will get even more jittery if they don't tell us soon that the issue is finalised. Gross debt has reduced by US$52 million since July 2015 (US$90 million from April 2014) in a low oil price environment. Hedging is in place until end June, the POO has recovered somewhat, especially Brent. They will not go broke over the bonds debt, but i am concerned about the terms of the arrangements to deal with it.
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36 | 1456989 | 0.190 |
45 | 2337843 | 0.185 |
36 | 1447270 | 0.180 |
Price($) | Vol. | No. |
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