$205 million due oct 30, page-4

PD Ports sale, minor extension untill settlement.

The realistic best case scenario I can see is an okay PD Ports sale and no DBCT or minority DBCT sale. Followed by cap raising.

The parties interested in PD Ports have been far more vocal and showed more interest. The level of uncertainty seems to be decreasing and the european outlook much better. I think an offer close to the original rumours is not out of the question.

Every comment from Kendrew about DBCT is about how hard the environment is, plus with each delay Qld govt sales come closer as competition.