“ to fund forecast cash requirements over the next 12...

“ to fund forecast cash requirements over the next 12 months”

read the words....to fund forecast!!! cash requirements over the next twelve months.

KingVox the directors of GBG have forecast the requirement for at least $84 million cash over the next twelve months to cover working capital requirements (first instalment???) and have actually received it from Ansteel. This is not about worst case, this is the case.

There is no ambiguity here. If you want to read from this a financial turn-around in 3 months then that is up to you.