the adjustment was cash in the form of NAIF loan. In fact, STA...

the adjustment was cash in the form of NAIF loan. In fact, STA has drawn and acquitted A$130m yet at note 21 Borrowings the show A$92m, The remaining A$38m of the NAIF loan is shown as offsetting mine property costs:



My take:
1. As early as 30 June 2022 STA was looking to defray capex;
2. The CFO is as creative accountant as I know, yet seemingly compliant with accounting standards.
3. LG's commentary about on time on budget could be interpreted as contrived.

my point : all in all, the limited information flow is not necessarily good quality

the current strategy is to say nothing