+ 20m cash from China asset saleyes..but this offsets the loan...

+ 20m cash from China asset sale
yes..but this offsets the loan facility draw down of $18m

+ reduced monthly spend of ~1m
that's what they say..just like the last QTR LOL
we will need to wait till the SEP QTR to find out

+ farm-out to fund shale development
will be the driver ..although they have been looking for quite some time

+ 100m project funding
as above they have already drawn $18m of that

So on a net basis they have approx $20m cash which should last 18 months if they are able to stick the $1m monthly spend