The half yearly to 31/12 shows cash of $61M. Another share issue completed on 25/1 raised another $10M.
Perhaps BAU should now concentrate on their Kimberly holdings, although the greenies have been sniffing around there as well, and development costs would likely to be considerably higher.
With the cash that BAU has they should be able to find a partially developed project elsewhere, or a jv with another company, while putting the refinery on hold until the Darling Range issues can be worked through.
Just my thoughts.
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