Yes not all is lost and they've had some time to re-position their liquid assets from SL to Aust which they could legally do given that the parent Company(SRX) is owed US$137mil at 31Dec22 by its SL operating subsidiary.
We also have the rehab funds of US$40.6mil that are held in Aust.
Also interesting to note that Trade payables & accruals increased by US$12.7mil from Sep to Dec so I'm guessing they might be including those increased costs being asked for by GOSL as from 1Jul23 in accrual costs for the last six months but might never pay them(one way or another) and you would think there would be some closure costs included in that figure as well since the decision has been made.
It's all disappointing but far from the end.
Yes not all is lost and they've had some time to re-position...
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