Ann: Quarterly Activities and Cash Flow Reports - 31 Dec 2022, page-17

Hi,
Their cash burn is such that if the banks dont stump up with the extra cash , this dies at the end of Feb.
Unfortunately , if the banks do pull the plug , you are unlikely to get the time to trade .

I dont think they are in a much worse position than they were a few months ago . Technically they seem to have increased the percentage recovery .
But still way off what would be commercially viable? And are the changes scalable?

Is it worth holding on?
I would have thought so .
Even if its chances of survival are south of 50/50 , the rewards are likely to be greater than that .
But I wouldn't be surprised if it hit either 2 or 6c tomorrow. Hopefully above 4c.

Hopefully Farmer it will be the ticks on the 1st line , rather than the one below.

✓, ✔