$2m range resource loan, page-13

Ya might be interested in the following two links regarding same.

http://hotcopper.com.au/post_single.asp?fid=1&tid=1826942&msgid=10645601

http://hotcopper.com.au/post_single.asp?fid=1&tid=1826942&msgid=10645851

Looking at the lender's HY the loan was meant to be repaid June end. This has now been re-arranged for December '12 re CCC AR.

Regarding cashflow issues, last time I looked …

http://hotcopper.com.au/post_single.asp?fid=1&tid=1827065&msgid=10637059

it appears problematic to enter into a transaction with the possibility of creating or contributing to solvency issues.

IMHO