Whilst I have been tied up with other commitments and only had a cursory look at highlights today, and from you own take ML:
Revenue up 15%
Gross margin up 29%
Substantial cash flow already: Debt down to US$643mil from $735mil (US$92Mil paid!) less cash down of say $15Mil (say $58mil-US$43) is $77Mil (92-15)...
This is no mean feat considering conditions were bad to improving Dec17....imagine SP now with resources on the up-tick, SP can only be up from here
You were right yesterday that it will touch 1.1c and I topped up today...GLTA..good call and thanks for that.
It takes a couple of days for the panic from "not as good " to bad results to filter through...I believe its now done and when the accounts are studied, one will see only positives...
As to debt holders, it's mainly water under the bridge, I believe those who wanted to bail have done so already....those holding are here for the cap rise..as are we...
GLTA
BLY Price at posting:
1.1¢ Sentiment: Buy Disclosure: Held