Indeed!
The 3m odd in cash isn’t going to go to far.
Wonder about the detail of the convertible loan with SIP?
Currently drawn to 8m
Payments on this loan?
Suggesting that we aren’t going to see any reimbursement from Petronas to OPSB inside of a year.
And what that will cover?
My guess is that the Company is in a very difficult position to say the least!
Ann: Ophir Risk Service Contract Termination, page-7
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