Good info @davo128
But they still need cash reserves to keep the ship moving.
Agree with you that "The more deals they sign, [the] risk is reduced and market will de-risk any previous issues..." but this "de-risking" doesn't fix the immediate cash flow problem. A new announcement, a new deal, doesn't instantly deliver revenue.
Unless I'm missing the golden goose that seems to be staring some others in the face (what did/does Mr Baker know that we don't, for example?) then cash is looking a bit too tight for my liking.
Ann: Appendix 4C - quarterly, page-10
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