This is exactly what they did after the last placement....

This is exactly what they did after the last placement.

05/12/2013: $5M placement completed
12/12/2013: $3.5M bridging facility repaid

It didn't prevent them from returning to the credit markets just a few weeks later though when they obtained USD 4.0M from Siderian. The very loan facility that they struggle to repay and that forces them to issue up to 1.1 Billion additional shares at 1c now. Should they be "successful" in their effort, the number of shares would have increased 9-fold (to 2.4 Billion) within 3 years. What a superb achievement!