Any new debt provider will have to negotiate their seniority with the existing facility from EFA. Noted also that the maturity date pushed out to March 2024 for the remaining portion of the debt so basically they can't afford to repay in the next 6 months. No sane provider will do this on a single asset that is losing operational cash flow.
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- Ann: Quarterly Activities/Appendix 5B Cash Flow Report
Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-13
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