Ann: Finance Facilities Update, page-4

"The key conditions relate to independent technical verifications including of the Company’s current operating production and geological resources and assessment of Valence Industries’ customer sales contracts"

http://hotcopper.com.au/threads/ann-finance-facilities-update.2545199/#.VZNE-vmqpBc

Would have thought those intrinsic to the basic viability of the company at large. Verification will no doubt leave the hanky wringers quite distraught.