Fat BloaterAs some pointed out there are many single business...

Fat Bloater

As some pointed out there are many single business companies not just on the resource section.

This one is a pure IO play which if prices continue to stabilise now is making profits.

In relation to debt I could never figure out their cost of debt until they bought out the note.

So if debt goes up but it actually massively reduces cost of borrowing is that not a positive. Look at what the note was going to cost each year.

Other parts of new debt replaced old.

Key now is to get through ramp up to 115mt and then start paying down debt.

It would also be good to know which institutions have lent out stock and on what terms.

Almost a reverse short feeding frenzy if you knew when a major shorter needed to return stock to lender.