Admin expenses $692k from $2097k in the previous quarter is a plus for me, and extends the life of the GBG shell (as long as Karara limps on).
I'm still not clear to what extent GBG has guaranteed Ansteel loans to Karara, and I'd be grateful if someone more knowledgeable can put me straight on that.
Ann: Quarterly Cashflow Report, page-2
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