Trademanic
They will get a short term facility.
Browse outflow has slowed ( org are paying the bills there now - ann states this )
A considerable amount of cash has already gone toward long lead times ( inventories is south america were around $47m at 31/12)
plus yesterdays deal - either origin or existing partner - browse has been sold.
$9m coming in from apache plus whatever balance they have left.
iam sure their bankers will want to keep them as a client , given they will soon have half a bill to park somewhere.
macquarie, page-31
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