It refers to the loan facility until equity raising is completed...

It refers to the loan facility until equity raising is completed in the announcement.
I remember when there were over 4billion shares held before the big consolidation rip off.
This Company always appears to work on the principle of, shafting its current holders, while making the
risk look a worthwhile cheap investment to new money.
Probably accounts for how they have managed to milk it for so many years while offering nothing of value.
I have lost count of the times I have shook my head while reading " It must be worth a flutter at this price",
Done up like a Kipper