Prediction regarding 13th delay, page-54

According to this, the 13th deadline will bring the following highlighted events to light

• Demonstrate satisfaction of ch12 Listing Rules
• Update on alternative funding strategies

My prediction is they will fail too achieve point 1

My prediction is the funding strategy "update" will just provide a14th deadline..

On the loan issue

1. The audited accounts state "the Company has a remaining A$5 million loan under the stand-by facility with PT Jayatama Global Investindo, a subsidiary of PT JTS."
2. Announcement on 2 January 2019 states
   • PT Jayatama Tekno Sejahtera (PT JTS) has a subsidiary, PT Jayatama Global Investindo (PT JGI)
     
   • The $5M loan is to PT JGI.
3. The latest announcement states "Both amounts (being A$5.157 million and A$16.348 million) are owed by PT Gulf Mangan Grup and there is no liability for the amounts to be paid by either parent company"

I'm super confused as to who the auditors say GMC owe money to, if there is no liability for the amounts to be paid.

Do you understand what is going on, given the audited accounts appear to indicate GMC owe PT JGI?