Ann: Financing Update, page-93

A lot of shareholders here on HC went about as though everything was 'business as usual'... not really giving much attention to the fact that they did not get the $350m USD by the 31 Dec deadline. Then suddenly that $300m facility turned into $200m. Yet some here still some quite casual about it all. "$200m is better than nothing" ... do they even realise that $200m is almost certainly contingent on FAR's ability to get the rest of the money soon?

People were still talking about the senior debt as though it was all done and dusted and it was just a formality.

The casualness of many shareholders here about breaches of critical conditions is astounding.

Such a shame to see retail holders not applying the blowtorch to management when they should.