They burned cash on screwing up the phosphate deal, no doubt there.
Plenty waiting on news about Mt Mulligan.
A big re-rate if it comes off.
Money spent on drilling etc for targets in Vic worth doing and not a waste.
Not worried about going concern and coming back with cap in hand very likely.
The key will be what transpires over the next six months.
Ann: Update on Barkly Phosphate , page-8
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