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Ann: Havilah-BHP Kalkaroo Alliance To End, page-21

  1. 284 Posts.
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    They were asked directly. They are reluctant to tap SHs for cash. They have a cash burn of $500k per month.
    They are optimistic a contract for Kalkaroo can be signed relatively quickly. If this does not settle quickly they are prepared to draw down some of the $1 mill overdraft.
    I was reassured we will not have to kick in next year.
 
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