Londoner
just a few comments.
JPR have $AUD1.5M in the bank and $AUD6.5M coming from placement ($AUD8M total). J51 is budgeted at $5.5M and they owe Birsca $US2.5M payable June 30 - as u can see this leaves them NOTHING in the bank as of June 30.
oppy failure means immediate CR, otherwise no one gets paid, simple as that.
and the way i see it, you can forget about land acquisition, they simply dont have the money according to the qtrly
am i misreading the numbers?
surely has to move north soon, page-45
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