Ann: Finance Facilities Update, page-6

Aus, thanks for that which clearly specifies the funding is only subject to DD of information on which we are all seeking clarification.
The company's current projections which I consider to be overly conservative clearly demonstrate an ability for VXL to generate sufficient EBIT to be able to retire this debt within a very short timeframe. This is of course assuming the assumptions supporting those projections are met.

I see significant opportunity for upside on the published projections once the updated resource figures from current exploration are reported and these then factored into the assumptions and financial models. The projections should then be updated using 64k p.a. production on the 40/60 manufacturing model.

Should produce some very exciting numbers.