I think it has more to do with this...During the half year the...

I think it has more to do with this...

During the half year the Group repaid $50 million of its short term loan with KEB Australia Ltd. The remaining $100 million loan, which was fully drawn at 31 December 2012, expires on 28 June 2013. In addition the Group has a guarantee facility of $55 million with Macquarie Bank Limited which expires 31 December 2013 (refer Note 9).

The Directors are currently considering a number of alternate funding arrangements for the Group together with the possible divestment of non-core assets. There is inherent uncertainty (!)as to what alternative funding arrangements are available to the Group.

These conditions give rise to a material uncertainty that may cast significant doubt upon the Group's ability to continue as a going concern.!!!!

The ongoing operation of the Group is dependent upon:
• the Group raising additional funding from shareholders or other parties; and/or
• the Group extending the terms of its short term loan arrangement with KEB Australia Ltd and its guarantee facility with Macquarie Bank Limited.