What it did highlight were the amounts that still have to be expended and the 7.5mil to be paid to BPL so that COB can achieve 100% ownership of the project.
March CF indicated circa 3mil in the kitty plus there was 6mil from LG coming in April. I don't know how much was expended in the June qtr and what the budget is to carry through to finalising the BFS but I can see some sort of cap raise coming. The June qtr cashflow numbers will be interesting.
P
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