Ann: Trading Halt-AVQ.AX, page-13

why wouldn't they take the 10m from Guvnor?

Strategic partners
Axiom continues its ongoing relationship and support from its strategic partners
Axiom’s off-take agreement with Gunvor remains in place as the does the opportunity for Axiom to seek up to $15m of
debt financing if Axiom was to extend its off-take agreement out to four years of production*. The Company will
continue to work closely with Gunvor to maximise the value of Axiom’s ore, especially in the current market where the
nickel ore supply is in high demand.