Ann: Debt Finance , page-3

Cobar Consolidated Resources Limited (ASX:CCU) announced today that it had
achieved a significant milestone with the funding requirements for its Wonawinta
Silver Project.
Terms have been agreed with Commonwealth Bank of Australia and WestLB AG
Sydney Branch to provide a secured loan of $22M for project development.
Additional facilities for cost overrun, working capital and bonding/guarantee
requirements have also been agreed. The funding package is subject to
documentation being finalised and a number of conditions precedent.
The project loan has a term of 3 years and will require the Company to hedge a
minimum of 30% of silver production over the period of the loan.
The Company will now move to complete documentation associated with the
funding package.



(took my sell off and replaced it with a buy order)