As at the 31st December the company had: total liabilities of $67,371,343.
This was made up of:
Current: 43,273,078
Non-Current: 24,098,265
Given cash flow has come under pressure from falling coal prices it will be interesting to see where these figures stand as at 30 June.
Conti is not intending to draw on the ABSA Bank project finance facility until July 2012 - this intention may have been to avoid blowing the debt level for the current year.
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