The did manage to repay that in 2019. I think it was c.$22m.. However, 2020 will be a different story at this rate unless things change. It is net debt and returns to shareholders that the market cares about.
There are spot buyers but that is included in the data, which fluctuates day to day depending on how much is taken at spot.
In terms of additional GSA's, yes, they are looking for these. I did query management when the GSA was announced that it was not for our complete gas production and they replied they were looking for additional GSA's. I guess they're playing hardball on prices which is fair enough.
My vision mid last year was to complete all GSA's by end of the third quarter, at slightly higher prices. The result was a partial GSA near the end of the year leaving us underutilised gas.
The did manage to repay that in 2019. I think it was c.$22m.....
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