Dec 8th., page-64

You are quite correct - the market is forward looking.

Right now the market is looking into the future and wondering how WKT will be able to repay the Gemcorp facility within the Loan Period considering the huge interest component and sweeping of free cash flows. This will be near impossible within circa 2 and a half years (remaining) - UNLESS the company can monetise product and lots of it in a very, very short period of time.

Forward looking….its unlikely, in my opinion, to generate the the full $$$ required in order to exit the debt ceiling.