Ann: Chairman's Letter to Noteholders, page-73

As of this minute they have $1m in bank and 3m BBEP shares which in the last few weeks have had a high of around $1.20 when WTI hit $42. Call me an optomist but I think oil could get back to $45/50 by second half as do many other analysts. At 1.20 they could be worth
A$4.8m if just a little bit goes right over next couple of months maybe more. I reckon $5-6m would easily cover them for 12mnths . If they hadn't monetised assets by then it really would be game over.