Ann: Corporate Debt Refinancing, page-55

To me it looks like a decent bridging deal to give time for a proper deal on SDV. Servicing charges similar to prior set up bond interest. Balance Sheet debt halved, good result.

Hoping for a big name operator on SDV to do it right. Smaller operators struggling with ramp up. J Plant and Olaroz. Question is do big operators only go for half a pie?

Cattlin surplus will provide working capital to keep going. Supply is very short and its an ideal time to restart. Mitsubishi's in. November drilling in pit to commence. Get it moving boys.