Asking for your opinion...How much money from the 170M USD that the company will get for the sale of Eva in Q1 should be put toward the debt?
From my point of view, minimum 100M USD.
What I think they will do. $50M or less.Why? It sounds crazy but don't forget we are paying Mitsubishi $20M per year on that $250M debt. Mitsubishi is controlling this company and wants to keep that 8% return and doesn't want to be repaid. Don't forget, over the last 3 years, they had so many opportunities to reduce the debt burden and they haven't done anything substantial. We'll see. I hope I'm wrong.