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clock Created with Sketch. 13/05/16
22:36
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Originally posted by Basileus
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"Rubbish they have the banks support so what ever happens the company will still continue on as normal. "whatever happens "! There are specific conditions (refer slide 6 of the most recent announcement). The Company has, however, agreed to certain amendments to the Facility with lenders including:d reset of financial covenan ts to provide ongoing prudent headroom Increased frequency of reporting to lenders Facilities are now structured as term loans al debt amortisati on from June 2017 Not to declare or pay any dividends "
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You haven't clarified anything that hasn't already been discussed.
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