Ann: Consolidation of Financing Arrangements, page-56

There is no cr coming and debt is going down not up. Companies that forgoe debt would only do so if they were super confident that it was on a positive cashflow trajectory. Otherwise it just doesn’t make sense that A40 decreased available debt and we know full well that this quarter is a record for production and shipping and revenue combined with now they are well into the meat of the ore body which translates to lower operating costs.