Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-4

Believe what you like. It's Mackenzie's incompetence that has put our investment in this predicament.
Had he been up front and told it how it was, a lot of shareholders could have sold out and invested elsewhere. Not now. So, no thanks to McKenzie from this camp.
And don't forget Ian Riley's continued spruiking of things going well when he answered calls on the odd occasion.