Ann: Amendment to Investec Loan Repayment Schedule, page-6

"Are they admitting they were struggling to make next payment?"

That is the glass half empty view, and yes I think you are likely right.

"Positive at the margin as far preferable to a CR. "

That is the glass half full view, and again yes I think you are likely right.​

Not sure now's the time to be spending lots of cash converting resources to reserves, but if they were to hit some bonanza grades in Ohio or Goldstar that would be good. It probably also means that the trade creditors will have to be patient for a bit longer and that Troy is still not clear of the quicksand.