Ann: NCZ SECURES WORKING CAPITAL FACILITIES WITH VARDE PARTNERS, page-7

Ah right - I read the ann quickly as was on the phone.

In any case doesn’t make sense to replace a lower cost facility with a higher cost one unless the conditions of the NAB loan were not met...
Also read that they terminated the MRI prepayment facility - these facilities are usually cheaper than bank/hedge fund loans
Good luck to everyone holding - I hope they do make it a success and you deserve your $2/share if they do. But from my experience debt + commissioning is never a good combination and can turn bad very quickly....