Ann: Investor Webinar, page-145

In hindsight a larger raise and paying off more of the debt is what should have been done, and I think that shows that at that point nobody had any idea of the issues which were coming, and someone on here who spoke to Dave after the fateful market update which started this slump quoted him as saying he was shocked by the market over-reaction even then.
Going forward a statement regarding the debt and the terms/ability of servicing it would be very welcome at this point.