We only pay interest on amounts drawn and you can be assured they'll be drawing down the balance of Tranche#1 of US$10.5mil(A$15.5mil) by today at the latest. Whether we are obligated to draw on Tranche#2 of US$13mil when it becomes available(probably Jan25) or at all is unclear - it really shouldn't be necessary if production/prices go as planned.
Ann: Kingsgate Financing Update, page-35
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