My concerns and questions22 Aug 2020 09:45
A holder of these not a big position in the slightest only chump change.How premier oil similarities keep popping up in my head since pmo sp collapsed on funding news.Not a dreamer just wanting to have a conversation/pick peoples brains.28th may rns $110 loan option"At 30 June 2021, the leverage covenant requires Net Debt to EBITDA of below 5.5x and reduces to 5.0x from 31 December 2021 onwards."22nd june another $250 It's great they are being leant money and not have to force through a rights issue, but it's the future that concerns me. 1. Why has there been no financial update since covid blew up, its pencilled in for end of september? 2. Anyone else see concern with net debt to EBITDA as of june 2021 of 5.5x? Looking st last results earnings of 700m and debt of 9b (I know 9b now includes lesse agreements not sure if debt agreement does, doubt it)3. Interest on debt is what worries me most £541m last year, with debt only increasing and no income for 5/6 months and will it return to normal levels (subjective but masks in cinema, enclosed enviroment with people coughing with winter cold etc far from enjoyable.Thoughts on these points, no mulan and tenet is going to save the day, my friend is going to the cinema so it's all okay again. Although tenet does look an amazing mind fcuk so will be going to that.