Ann: Half Yearly Report and Accounts-TGS.AX, page-11

It is not a well written report. It should be in plain simple language.
However the way I read it, and 'reading therough the lines', is that the a waiver has been given and I suspect that not until early next year when the big payments are due would there be any concern. The auditors report state: "there is currently no suggestion that facilities will not be renewed,"
I would think the lenders & managmement would be meeting/trying to meet with govt officials to say "when are you going to give us back our loot"? After all, we supply employment and we are still required to pay VAT!
What will be interesting is that in a couple of days time, the Africa downunder confernece is on. Tiger has a presentation on day 3, and just before hand the DRC mining Deputy Secretary General will be presenting. How does it all get reconciled? I wish I was there to find out!
Ultimately, we all need to watch the Cu price. It is imperative that we see some green shoots over the next 6 months.