......and clearing the debt is not a risk it's a matter of time....

......and clearing the debt is not a risk it's a matter of time. Quick or even quicker.

It's well within reach with the $80M cash in bank being maintained as part of the financial security blanket.

Although that drops to $60M in Q2-2017 ($80M-$20M towards Coruna mine) the Q1-2017 cash sweep is 100% towards debt repayment same as Dec 2016. I look forward to the first week in April when a payment can be announced and I dare say the IO price will still be booming around $90/T.