Strong CF & Debt covered Good interview, a must read. Here’s the link:
https://www.oceanagold.com/assets/documents/filings/2013-Press-Releases/130620-OGC-Didipio-Performs-Strongly-Growth-Outlook-FINAL.pdf
Main points:
1. Strong CF
2. CF will be 1st used to pay down debt
3. Debt is fully covered by term credit facility
4. Significant free cash flow over the next year, so in 2014 they’ll be looking at a dividend
5. Other free cf will be used for new opportunities, potentially in more countries
R.