What is everyones feeling about the significant debt EPG...

What is everyones feeling about the significant debt EPG have????? PD interested in your views....

My take is..........
They are currently in a hole......too much debt has crippled the shareprice......and lack of cash has meant they have had to slow the company to a crawl.....the current global crises has seen them miss the constant shareprice appreciation that has supported Aus coal seam gas companys.....

they must do JVs to get progress happening and improve shareprice ....if they leave the JVs too late they may not have sufficient time to get into a position of being able to refinance the debt or issue new capital....also will need to be a lot more successful going forward than they have in the past....if the current debt issuers were to convert I suspect EPG as we know it would be gone...... Time is running out!!!!!
Cheers