There is $30M undrawn in the new $60M facility that would cover W8/W9/W10.
Cash held covers ED1 and Booth.
Revenue from start of Q2CY24 onwards jumps to circa $20M with Alinta GSA kicking in
No capital required for debt reduction in near term
Exploration is comfortably covered IMO.
From Q1CY25, I project revenue will increase to circa $150M pa with DBNGP interconnector being activated.
This where the SE gap will need to come from.
SE is yet to reach FID so speculating on funding is premature IMO.
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