Yes that line could easily mean additional capital raise. Incentive with vendor to raise cash, and not sure a bank would touch the company given the Covid issues. Bottom line, it is in the Vendor's interest to underwrite another raise because there won't be any retail take up so he will be able to buy a greater share of the company for peanuts.
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- Ann: Quarterly Activities Report & Appendix 4C - 31 March 2021
Ann: Quarterly Activities Report & Appendix 4C - 31 March 2021, page-7
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