@rollacoaster,
That's rubbish logic. Same logic would be .... Don't disclose funding till you have money in the bank.
SXY disclosed ANZ will advance the $125m in July.... but we do not know the Covenants of the Debt.
That aside !!!
Why NOT inform SH's how you intent to allocate the $125m going forward for FY19
AND
Why NOT inform SH's on how your flagship gas project wells are performing.
Real disclosure is lacking ... why ? ... the SP is suffering ... and will continue to decline until it finds support at 43.5c IMO
Do yourself a favour and listen to the Q&A today ...... I'd be surprised IF even 1 question is asked. Insto's are sooo tired of ID's .... lack of disclosure .
For 9 months they have been told ...... WSGP is tracking as per expectations .... REALLY ... who's expectations !!! ..... clearly NOT the Markets .... and thus the drop in the SP
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