Annual accounts released are very positive. Sulphide plant operating at average of 80% during first two months and Recoveries in January ~90%. Market liked the figures and marked the shares up 3% on above average turnover. I would expect free cashflow of $US230mil in 2019 from production before further Growth CapEx of $US100mil,debt repayments of $US70mil, interest costs of $US20mil leaving an extra $US40mil in the bank thereby reducing net debt by $US110mil to $US134mil at Dec19. They should be able to use tax incentives and carry forward losses to reduce tax payable to less than 5% in 2019 before resuming normal Corporate tax rates of 22% in 2020.
