Ann: Trading Update, Cost Initiatives & Sydney Strategic Review, page-339

when you take a close look at sgr bank loan and us private loan maturity profile, projected cash flow referring outstanding loan after 800 million capital raise. there is no short term liquidity issue at all. and I don't see a need for a mother capital in a near term if situation no significant change or company hiding something. net debt only stand at 394 million. is that a problem to refinance backed by 2 billion book value of property. I don't think so.don't forget further 50% of 192 million cash in after mirage sale. (another 50% goes to partner chow DaFu and far east), and further sell of treasury still on the play. (worth 200million+). So that article basically is rubbish to me.