based on their previous audited report only directors had a debenture for a small amount.
other major creditor was the company that loaned them about $4.8 million but it had been converted to unsecured, so don't see any reason why it should not be removed, perhaps it was a legacy left there?
Note 18(d) as per the accounts
https://hotcopper.com.au/documentembed?id=uOMxKKzFkiWRTLKhOROKAxjvSDYL4gm0zhb%2Bv%2Fpr6bFiGug%3D
Ann: Granite Belt Acquisition Update, page-21
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