Suspension from official existence!, page-8

Didn't they just take possession of $37M? They shouldn't be under any imminent threat of going bust.

This from the last quarterly:

The Company has received $37.0 million of restricted cash which is being used for working capital
and development purposes. The Company continues to manage its cashflow and is also in
discussions with various parties regarding the provision of mezzanine finance, the sale of a stake in
the Baralaba project, non-core asset divestments, and other innovative infrastructure funding
arrangements.


My feeling is this is probably either mezzanine finance or the sale of a stake in Baralaba. In this market, non-core stranded coal assets are worthless.