It's going to be a healthy looking balance sheet as at 30 June...

It's going to be a healthy looking balance sheet as at 30 June 2022... that's already locked in.
The company is trading below replacement price, not sure that EBITDA matters too much for now.
The first meaningful EBITDA this Company has had will be FY23 as everything else has all been about getting to this point.
The strategy seems to have been the right one, it just necessitated selling some blue sky along the way and investors getting burned in some capital raisings.
For now it appears SLC has been thrown in with the weak earnings/ high risk/ tech basket, but the Company appears well placed in a higher inflation/ interest rate environment. The release of the FY22 results should be the first step back from the somewhat ugly 1H22 numbers.
The FY23 forecast later this year might have us back at $1- if any bids can be found, a big "if" at the moment