Loan providers get info we are no privy to as part of their due diligence. We owe Zurich $80m, Caterpillar $60M and the insurance companies would have seen our production timelines which probably says we'll be processing low grade dust for the next 12 months. Why else can't we get a decent loan and why else would the SP be where it is? Management are HIDING information from SH that these guys have access to the truth as part of DD. The SP is doing the talking.
Ann: Kingsgate Financing Update, page-64
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