Ann: Full Year Statutory Accounts, page-9

@The Mole: Thanks for clarifying that mate. I wasn't sure about that last part either.

However, as it stands today, GBG's term loan liabilities were reduced by AUD$239.2m in August 2017.

GBG's remaining term loan contingent liability therefore stands at AUD$233.8m.

GBG's remaining total contingent liablity therefore stands at AUD$253.8m.

That's almost a 50% reduction. It's still pretty good. It's not even on GBG's balance sheet anyway.

In order for the shareholder guarantee to be triggered, CDB and BOC would have to first force Karara into insolvency.

Ansteel, CDB and BOC has the same boss. I don't think Karara insolvency is what the boss wants.