a trading halt and capital raise immediately before a qrtly is due shouts loudly.
- product sold prices will at best be equal to operating cost per tonne ...
- capex will be somewhere nearer A$400m, maybe A$80m~A$100m more than contemplated.
all the flash accounting and rose coloured commentary can't hide reality for ever and at some stage somebody or something has to fund both those outcomes ... looking at you fellow shareholders
it will be interesting how Luke et.al reconcile Noosa 'goodish news' with qrtly reality ... looking forward to it.
Ann: Trading Halt, page-11
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