Ann: FY21 Guidance Update and FY22 Outlook, page-2

Ehhh, explains the cap raise, 9.7m write down, which would have breached lending covenants on the Working Capital Facility.

I guess Sunraysia and NZ cases don't bode well then. Looks like the auditors weren't too keen on Decmil's allocation, seeing as they've failed to get the previous disputes including BHP for Mulla Mulla, and their constant reduction of expected outcomes on the NZ and sunraysia over the last 2 years.

Still no mention on the Homeground sale process. Unfortunately, looks like a 3rd or 4th write down coming for that next year.