I disagree Vod ... especially the "very significant cash requirement for funding the Ewoyaa project over the next year" ... as we all know???
If you knew more (read or listened) you would know that is not the case.
Just noting a seemingly less objective narrative from your post ...
... the PB resignation - nothing sinister and required as PLL now below the 9% threshold
... it's not arrears - its a dispute of whether the cost is appropriate to the JV or not.
... it's not US$70M all this year and in one chunk
At least we still agree on something being NAL needs more cash (apparently) ... and PLL doesn't pay 25% or Opex as extra. The JV pays that.
Sure things are looking tight ... at PLL and at SYA (and a fair few others).
I disagree Vod ... especially the "very significant cash...
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