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

Skim reading that quarterly, all looks fine and dandy except for the odd line 'we've gone into receivership'.

One wouldn't normally associate 'record quarterly production' with we've gone bust.

No mention of any big bill from Macmahon tipping us over as someone suggested. Obviously closing out the hedge in one fell swoop is an administrative manoeuvre which has not caused our demise so what has? Macquarie just deciding this doesn't fit into our current policy, we're not going to wait to see this company struggle through, we'll pull the plug take our hit and screw everyone.