Narrabri is back to being a core asset - regulatory hurdles to get it into production, but if they can, it will be a significant write-back of value.
Debt reduction is well on track - as of September, have retired $700m of the $1.5bn targeted reduction by June 2019.
Market pullback today is healthy after such a strong unbroken run up from $3.94 - classic "buy the rumour / sell the fact" that only sets up a consolidation phase before the next run up.
DEALROOM
New Feature Announcement!
We’re excited to introduce the DealRoom portal, now live on site, providing users with exciting access to private equity opportunities for both pre-IPO and publicly listed companies.
See full details by selecting the new menu item named 'DealRoom' on our main menu bar or click below.
Stay ahead of the market, with HotCopper.