Ann: Appendix 3B , page-5

I think you will find the reference was they will cover cash burn either significantly or completely for the fiscal year - not this calendar year. This gives them funds for another 6 weeks or so. In the meantinme they announce some deals with upfront cash commitments and take those to get the debt facility in place. The money will not flow in immediately from these 'deals' so there are cashflow requirements in the meantime. As long as by June 14 the cash requirements are met and the ATM is dusted then AS has met that statement.