RE:RBC Capital Market's Walter Spracklin maintains 2.25$I want to highlight the answer to Walt Spracklin's question from Bart Demosky on May 17, 2022 - note last comment regarding raising equity:
Capital structure and deleveraging The final conversation was on the company’s thoughts on its capital structure and target plans for deleveraging. Again, the company is focusing on debt reduction to allow for increased operating flexibility—Q1/22 saw a $400MM repayment. The company noted as well that a revolver would provide flexibility to reduce leverage while still having access to liquidity and thereby lowering interest costs. When asked whether an equity raise is in the cards, the company was adamant that would not be required.
GLTA