From memory it has a 50 m line of credit with bnp which has full
Security over the business -
it’s undrawn and the impairment probably doesn’t affect it ongoing nature because of things like cash on hand
It costs a bit to have it on standby from the accounts if memory serves me
Correctly
I thought they would have cancelled it once the posco money came in - but from the announcement it appears they haven’t yet
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Ann: Non-Cash Impairment, page-64
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