They had to spend that to earn the interest in Rana. And will spend 3m more in the next year or 2 I believe to get to 50%. Still nickle is recked by indo and the market values it at a ------ its a shame because it does have scale and is everything you could love in proximity to shipping. But its a nothing burger for the forseable.
Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-7
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