Ann: Operational Update , page-36

CVS claim to be debt free:
From their website:

"Cervantes is debt free, cashed up and seeking opportunities of all descriptions that can add value to their shareholders investments."


So where has the 905k gone ?

If anyone believes it's fine to take more than half of the casha at bank out of a public company and send it who knows where, with no details available for repayment schedule....I'd love to see the justification.

It wouldn't be too hard for everyone to simply forget about this 905k given we won't see it on 2013-14 books as a debit.

Where is the Money Colin ?
When is it being repaid?
Do you not consider this info relevant to shareholders?