BOOM more money in the bank.... no CR any time soon for working capital
"The Brevet facility is a senior secured loan, established on commercial terms, and provides short-term flexibility to draw down against the company’s current accrued AusIndustry R&D Tax Incentive refund for the 2016 financial year which has been recognised at $1,556,315 "
http://www.ectltd.com.au/wp-content/uploads/160831-Financial-Report-FINAL.pdf
Ann: Full Year Statutory Accounts-ESI.AX, page-7
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