Ann: Appendix 4D and Half Year Accounts , page-4

Yep! The bank could still pull the rug on UXA Resources due to outstanding senior debt after the default.
Cash burn is still high despite the big increase in cash flow at GAA Wireline.


I still think UXA will be forced to sell GAA Wireline in the States and the world wide rights to PFN Tool outside Australia.

If something doesn't give then UXA are heading for the ...