Ann: Consolidation of Mining Services Contracts, page-13

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 3,210 Posts.
    lightbulb Created with Sketch. 16
    Rcmam,

    I have no concerns with the loans that are due for payment up to 2018 ($1.0b & $400m) already factored in even with low IO price continuing.

    What happens with the $5.0b (2019) & $500m (2020), I think you would agree that the $6.50b cannot be paid in full by the due dates. Hence my call for a restructure to occur now, market would be put at ease as pressure would be reduced in finances.

    Let's say that there is no restructure, what happens when $5.0b has to be repaid? Surely this would be a disaster?
 
watchlist Created with Sketch. Add FMG (ASX) to my watchlist
(20min delay)
Last
$20.10
Change
0.600(3.08%)
Mkt cap ! $54.31B
Open High Low Value Volume
$19.98 $20.19 $19.85 $28.99M 1.455M

Buyers (Bids)

No. Vol. Price($)
10 5286 $20.08
 

Sellers (Offers)

Price($) Vol. No.
$20.11 5247 7
View Market Depth
Last trade - 10.20am 08/11/2024 (20 minute delay) ?
FMG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.