Ann: AUZ secures $12 million investment from US fund, page-264

We must be reading different announcements. Absolutely!

1. 3 tranches of funding (upon mutual agreement) or dependency.
2. No set time for issuance, so AUZ can choose periods close to when SP is higher, like when BFS announced; or when desperate and share price low
3. No interest; because they are going to make their money elsewhere
4. Funding to finalise 100% ownership of Flemington; which it currently looks like AUZ couldn't afford to take or LEAVE
5. No risk to SKI agreement; except that SKI appear to have not stepped up, I can't imagine they weren't in the mix.
6. It’s unsecured. Except against equity in the company
7. Dilution...show me a publically listed company that doesn’t have it. They do exist

...and I hope for everyone Else's sake I am wrong and you are right but I have sold.