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Babylon clears NAB hurdles with water rental strategy ready

12:59pm on Monday 7th of September, 2026 AEST Mining Services
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Babylon clears NAB hurdles with water rental strategy ready

12:59pm on Monday 7th of September, 2026 AEST
Key Points
  • NAB confirms conditions satisfied
  • $1.2 million permanent debt reduction
  • Minimum EBITDA covenants begin in FY27
  • Board says working capital is sufficient
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