Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-55

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    47M owed to Oaktree

    30M owed to NovaQuest

    180M in the bank

    100M net off.

    Divide by, say 20M as flagged by SI before = 5 quarters.

    Even after we repay all debt in full and increase the quarterly operating cost to 20M (as opposed to 12M reported today) it's still more than one year without any need for a CR.

    Next question: with no CR on the horizon, how long will the shorts take to exit?
 
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