@ASXO
Regarding the cash position, they still have plenty to undertake the early exploration at barkly pre-demerger.
The next best thing they can do for shareholders now is cease all works at sandstone and use the capital at Barkly to unlock asmuch value as possible. To set themselves pre-ipo up for hopefully more successful post-ipo.
time to bottom drawer it
FM3
firstmac mortgage funding trust no. 4 series 1-2020
Ann: General Security Agreement, page-749
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