Yes they obviously weren't willing to go with Nebari for a bigger, longer facility which from all reports Nebari were a willing partner - obviously the effective interest rate wasn't to RSK's liking, so he's taken the interim step of extending the current loan and then seeing what comes up in the next three months(maybe NE sale?). In the meantime, they are cashflow negative for the months of June & July - someone is not being paid and you could speculate that Nucharee is not being paid for her drilling, mining and ore rehandle contracts together with no interest being paid on her loans and preference shares. There was talk of them using the import duty refund on the CAT equipment but you would imagine that would be used to pay down/reduce the lease principal and I've accounted for that in the attached monthly cashflow schedules. I've got them producing just 200oz/week from plant#1 until w/e 19Jul and then a full set of dore bars from w/e 26Jul and the grade of ore moving from 0.4g/t to 0.8g/t for both plants in that same week.
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