http://www.wabusinessnews.com.au/en-story/1/71130/Aurox-restructu...

http://www.wabusinessnews.com.au/en-story/1/71130/Aurox-restructures-deal-to-conserve-cash

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Aurox Resources has negotiated a restructure of its previous arrangement with a supplier for components towards its Balla Balla magnetite iron project in the Pilbara.

The company, which went into a trading halt today, announced that Siemens AG has agreed to the contract restructure relating to the supply of gearless drives, used for magnetite concentrator.
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Allows them to keep the 28 million in cash instead of passing it to the contractors. Look at the last financial report - this liability was due end of March and would have wiped out their funds.
Now they are able to stay liquid till they get the funding..