Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-14

vale AAM
@oilman01


whats worse is there is no doubt to me that the old GBA Capital loan (that was due for repayment in full 30Nov23) has transformed into the current loan that owes $230K a month in interest (when the piggy bank only holds $500K with zero revenue)........

but, but, but that old loan had registered a PPS to secure the loan ...... so no doubt the "new" loan has similar arrangements........ and the only thing that i can think of that could be offered as collateral for this 60% per annum loan is the tansmananaian mining lease licence (the 25 year thing)....oh dear