Well here's the snippet again from the quarterly activities report, for the period ended 31 December 2014 (released 30th Jan 2015):
"Carbine is finalising the conditions precedent requirements and cash drawdown arrangements of the Mitsubishi RtMJ loan and will be visiting Japan in the coming weeks to conclude these items."
So far is been over 3 weeks and counting..
$15 Mil Drawdown, Steering Comitt, Plant orders, page-50
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