Ann: Red Gully North-1 Completion/Testing Update-EGO.AX, page-38

if this is a confirmation of good flows, then I think EGO would be in a position to finalise the funding to repay the ERM loan.
I think EGO have been waiting for independent confirmation of flow rates and reserves in order to obtain the best funding deal. That could be corporate based debt funding, or reserves based funding.
Once they get that organised, they can announce that to the market.
I cannot see any reason why they could not announce the funding ASAP, because they don't need to repay it until the due date.
I think that would get the SP moving in a better direction.
cheers