RE:Just a matter of TimeDebt reduction will result in lower interest rate on credit facility also....
SunsetGrill wrote: Cash flow starting to just drip drip drip to the bottom line. On call they stated that basically all Earn in payments (including Spain due june 2018) will be funded from cash flow. Also, 7mill/qtr of expenses for LSE listing and refinance charge will be only 1 mill/qtr. If no huge hiccups over the next yr or two its easy money. I hope so after all the pain. They also stated that M &A for them is off the table and only joint ventures going forward so no more added debt. Dont care about a divy, pay down that debt and get a multiple re-rate. (way more valuable than a divy). Debt down to 3.9 from 4.0 but that should really start to move down.
May put new money in (cash out nyx) which is killing me