another kagara rescue mooted, page-2

The numbers on debt don't look right. I mean they went into admin owing 80-95 mill not 150 but if you add stamp duty they may be on the hook for it's closer to 100 less 20 from the sale of central. I'd say net debt is about 80 mill at present.

They also didn't mention the sale of southern region assets or the nickel deposit at AB (pun).

There is rumoured to be an offer on the table of 50 mill for Mungana. AB & Southern may get another 20-30, which leaves them with nothing but a chirpy Chinese partner, a new logo 'Kagara Exploration' and the motto....'we sell farms'.