Small cash build but they also have debt so not sure on their...

Small cash build but they also have debt so not sure on their true shape financially. As someone pointed out previously their banking syndicate seems to be supportive.

"• net increase (over the year) in creditors/borrowings of around US$10.5 million".

Perhaps the first quarter for a while where they have at least met (low) expectations.

The cash balance is important because the only way MML can be an investment for me is if they don't have to do a capital raising. They have protected from dilution for a long time despite poor operational performance.