Debtlong time listener, first time caller here:
they will pay off the short tern high interest stuff first. then chip away at anything without a penalty.
they will keep the debt that can be comfortably paid off by current operatons.
this will leave probably $4-500 million in cash to build the block cave operation with on of the world best miners.
new crest believes this will become one of the few tier 1 mines in the world.
maybe new crest will bring some expertise to mount polley too.
current management will be shuffled into a lesser role.
new crest will probably send there top block cave guys up shortly to make a mining plan.
buy the dips