Ann: EN1 Q3 2019 Appendix 4C & Commentary, page-16

I've no problem with them taking on debt, understand what they are trying to achieve.
Debt went from 15 million which was MC at the time to 36 million then in 4C it's 46 million
Debt can easily get out of control especially when their is many moving parts to recoup money. If they had of been happy with having 15 million to test the waters and see how this unproven business model works, and then build on it from their. People are willing to throw money at a business as returns are pretty dam good.
Think shareholders need to be cautious with any sort of debt a company takes on. Especially one that is unproven.