Ann: Trading Update, Cost Initiatives & Sydney Strategic Review, page-406

please take a close look of loan mature date and use of 800 million, let's have an analysis.
only 100 million need paid on July 2023, 765 million facility due on 30 July 2024, 220 million unused. so only 545million is part need refinanced. according 800 million raise presentation 248million will pay loan immediately. so I guess after pay 100 million due date July 2023, 150 million pay 545 due on July 2024, only leave 400 million falling due. notice there is another 290 million of 800 hold as cash, plus original cash 100 million plus ,+92 million sell of mirage. so the question is refinance of this part of loan is an urgent issue as company have liquidity problem? btw the cost of Queen wharf cost is up 10% according company report and no need of much cash contribution.
I don't know whether those afr reporter check company report,presentation throughly before write this report or just write something make newspaper not blank, but for us if you are a serious middle-long term shareholders to bet on she need check out by ourself.check attached