Ann: Appendix 4D & Preliminary Interim Report - 30 June 2021, page-12

Sorry Buncher, I did hit the reply button, but I must have accidentally deleted it. Easy to make the yellow bar disappear I've discovered.

Cracking poem. That reference went over my head unfortunately (it's a shame when you have to spell out your subtle clever references to the other person, my apologies).

I think we'll have to agree to disagree on PAL. I see it's cheap on a static view, but given the parlous state of the finances/cash flows it looks to me like a rapidly decaying call option from this point. Not much use in having a $40m property when in 6 months time, $25m of it will be SOL's. If they turn things around operationally, with no cap raise I'll be a happy holder. But for now my best memory of PAL is learning "said Hanrahan".

- "It's lookin' crook"