Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-32

You may very well be right on that one. LLL ann said Tranche 2 is subject to Trance 1 going through. Add in the Gold sales since No'22 that no one knows has the cash??? Very costly repair job!!
I had hopes that Tranche 2 would be used for further LLL asset building.
Looks like LLL/holders carrying a can full of this crap. FFX have ceased discussions with the Government and there is no way they will admit any fault.
We will make a heap on LLL but a successful Morila is a big one that got away - its speechless stuff.