Agree, but to reduce your debt, you have to earn money.
So better DTE is a result of better profit and cash flow.
And that is what ORV is starting to do - earn money.
Have you checked the big amount that is planned to pay down loans in 2013? See the MD&A
Please do and give us the DTE figure after that.
Capex is addressed in the MD&A as a very important point.
They are VERY well aware of that .
I agree that you can find a lot more resources in EVBC. Especially at depth.