You need to distinguish between the cash flow of the holding company (GBG) and the project (Karara). According to the latest quarterly cash flow statement:
the holding company spends $2-3m per quarter on exploration and admin, and had about $6m left at the end of September. The loan repayment (from the project) will give them an extra two and a half years at current expenditure rate.
The project is supposed to be self funded, but obcviously isn't. That is why Ansteel has put up an extra $230m funding for the project, as announced in September:
