Given their cash position they may not have a choice but to...

Given their cash position they may not have a choice but to offload something by the end of 2019 for whatever they can get for it. If they have to repay the full $1.3million to the ATO then they will need cash even sooner.

This hold up on payments by CMC is not good for us, it is good for CMC though as they are perfectly positioned to pick up other small HAV holdings in the area. With them stopping royalty payments from Portia as well you may be inclined to think they are deliberately putting financial pressure on HAV for their own future gain. It wouldn't surprise me that Radford is running circles around both Giles and Walter since they seem to be well out of their depth in managing business deals.