Warrants issued leading to 13% dilution.
All other business fine.
Order book still 1.8b - includes RoyHill and 1b still in tender process (looks like no effect here!)
Cost cutting initiatives upto 15m found
No div in FY2014
Cash outlay of 45m required, more than covered by ANZ extension.
Covenants revised to not include writedowns.
Much better than many here were forecasting.
GLTA!
back on the boards today, page-2
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