BEZ REVIEW, page-258

take a look at notice of general meeting ann dated 28,06,23 and specifically the independant experts report ,BDO Corporate Finance (WA)Pty Ltd ,, re p32 and p33 of the bdo report ,, the security interest over NBG the bau project , tenemants and the drawdown account

everything mentioned there are protections for quantum re a besra default nothing i have read indicates otherwise as per the pic provided re security interest , legal definition in finance

hence anything not specified in the contract is denied by the contract , quantum does hold a security interest over bez in the event of a bez default , and quantum would only be entitled to recover an amount limited to the 'secured moneys'

Quantum will not receive an amount more than the value of the liabilities to be settled if the security is called , nothing in that statement suggests besra is liable for any quantum issues , in the event of a quantum default , outside of what besra is liable for to quantum under the gpa agreement

you can read it yourselves p32 and p33

remember the report stated the deal was fair and reasonable

see pic,, re legal term for security interest
see value of security provided p32
see pic re security to be provided p33