Ann: Kipoi Expansion and Funding Update, page-5

Wasn't seeing this coming, the recent slide must have forced the company's hand. Everything now is geared towards production n debt retirement. This makes it harder for the company to undertake further development spend in the absence of mining. Let's see what they can do with obtaining a long term debt facility. I'd welcome any posters, with experience in obtaining this sort of finance. What are the steps, processes, time frame, and likely terms. It wouldn't be a bad idea to map the current cash drain in debt servicing on current terms. We know with the Gerard portion that the company starts paying 4.3 a month now incl interest.