Bit of creative accounting if there was only $2.3m in the kitty at the end of June, to add the $75m facility to make 27 quarters' worth of funding. That facility is a last resort, like using a credit card. It's obvious they'll be drawing down on that again very soon until they get a proper funding deal in place.
In the meantime, looking forward to a new DFS shortly. Hopefully the new numbers will give us a much needed boost. But overall we won't be going anywhere until the new year by the sounds of things.
Ann: Quarterly Activities and Cash Flow Reports, page-7
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