may I suggest you do some research before throwing darts
The loan facility is based on drawing funds for specific purpose as outlined in Tranche's A & B for $12M and $8M respectively
I am not aware they have drawn down A yet - if they have, it must be very recent.
Bear in mind the purpose of A is to double the plant capacity and therefore increase revenue - is that ok with you ?
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- Ann: Quarterly Activities/Appendix 5B Cash Flow Report
Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-33
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