I think you will be proven wrong (I hope).
I am just a little sceptical that Chan et al would be happy and willing for their investment to go down the drain as well as be providing unconditional loans to the company (I dont believe that doing CR's every 6 months would be a wise move with the current SP).
"Planned mine and and infrastructure developments to realise 1.3 billion tonne inferred thermal coal resource has not eventuated." - i personally would prefer to see no work done on this, until we can be sure Adani is going ahead.
If this sale goes through, it will provide a nice cash position for us to dig into...... EV is looking great..... then again,,,, this is the spec end of the market
Ann: Sale of Surat Gas Pty Ltd - Further Extension Granted, page-9
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